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When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. In 1970 the fare was raised to 30 cents. This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite ...
The New York City Subway is a rapid transit system in the New York City boroughs of Manhattan, Brooklyn, Queens, and the Bronx. It is owned by the government of New York City and leased to the New York City Transit Authority, [14] an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). [15]
NYC Train and Bus Transit Token (1953) Value: Listed at $7,000 on eBay, though the seller is taking offers. Learn More: 10 of the Most Valuable Pennies. D.C. Transit System Token (1960)
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The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
BRT. Starting in 1899, the Brooklyn Rapid Transit Company (BRT; 1896–1923) and Brooklyn–Manhattan Transit Corporation (BMT; 1923–1940) operated rapid transit lines in New York City — at first only elevated railways and later also subways. The BRT was incorporated on January 18, 1896. [43]
The platforms were placed next to 370 Jay Street because it was a convenient location near where all three subway companies had tunnels. Tokens became New York City Transit fare media in 1951. Tokens were last used in the entire New York City Transit system, including the subway, in 2003.
Although New York City does not have light rail, a few proposals exist. The most viable of the planned light rail routes is the Brooklyn–Queens Connector, a streetcar route proposed for the western shore of Long Island, which was officially endorsed by the city in 2016 and is planned for completion after 2024.
On July 4, 1976, the New York City Transit Exhibit was opened in the decommissioned underground station as part of the United States Bicentennial celebration, charging a fee of one subway token for admittance. Old subway cars which had been preserved, as well as models and other exhibits were displayed.