This is interesting. There were obviously quite a few variations of this basic design. I have a small one (15.5 mm) in copper.
The white token came from an early 20th century collector, and I had assumed he added it because aluminum was a brand new metal in 1890.
But is it aluminum? I'm still not sure. I did a rough density measurement and found it was too heavy for aluminum, but too light for zinc.
My best guess is that it's an aluminum/zinc alloy with perhaps antimony added for hardness. If true, earliest mint date is 1890's.
Thanks for the information. This is one of a few tokens to update to the catalogue.
I have a little trouble listing Germany as the issuer, even though it was likely made there. This group was probably ordered by an unknown American company as gaming or play money tokens. I think the gold plated one on eBay is novelty.
We do the best we can, and amend when new information comes to light.