NEW VINTAGE Old Stock 10 cent 1850 hole PUNCH BOARD
Punchboards were originally used in the 18th century for gambling purposes. A local tavern owner would construct a game board out of wood, drill small holes in it, and fill each hole with a small paper ticket or gamepiece. The holes were then typically covered with paper or foil. After a patron bought a chance at the punchboard, he would puncture one of the hole's paper or foil covers with a nail and retrieve the ticket/gamepiece. If the gamepiece contained a winning number, the patron won the prize.
In the nineteenth century, board operators eventually drilled into their own holes (they knew where the big money was, because they made the board). The punchboard's use started to decline.
In the late 1800s, a new type of punchboard was introduced. This one involved putting paper in both the front and back of the hole (to help prevent operators from cheating). These new punchboards became popular to buy at drugstores, and they were sold with a metal stylus. The punchboard soon became increasingly similar to today's lottery tickets.
Soon, the punchboard became cheap and easy to assemble, and the industry flourished. Noted gambling author John Scarne estimates that 30 million punchboards were sold in the years between 1910 to 1915. He also estimates that 50 million punchboards were sold in 1939 alone, during the peak of their popularity.
After World War II
After World War II, use of the punchboard as a gambling tool began to decline because many people started to frown at its gambling-like nature, and the punchboard was outlawed in many states. However, the use of punchboards for advertisement were starting to gain popularity. Many companies started hiding goods such as bottles of beer and cigarettes inside punchboards. Zippo lighters reportedly sold more than 300,000 lighters through punchboard advertising between 1934 and 1940.
Board is new old stock and in excellent vintage condition. May have slight discoloration from age.