Victor Phaneuf purchased the bakery from J.W. Blanchard in 1935 and operated it until 1946 when he sold to Tony Gregoire. Tokens were issued shortly after Phaneuf started and were used by Gregoire. Around 1940 Phaneuf drilled a hole in all the tokens he had on hand, so that they could be hung on a wire in his van, so the only tokens not holed are the tokens that were in the hands of the customers at that time.
- Year: 1940
- Certification: Uncertified
- Composition: Aluminium
- Catalogue Reference: #1915 r1