‘The Token King’ passes away
Nov. 3, 2008 – Virgil Vance, founder of Van Brook of Lexington, and creator of CT High Security Bi-metallic Control Tokens, passed away in Lexington, Ky., on Oct. 29, 2008.
He was 74 years old. He is survived by his son, Randolph.
Virgil Vance was a veteran in the token business with over 45 years of experience. He founded Van Brook of Lexington in 1962. In 1991, Virgil Vance created CT High Security Bi-metallic Control Tokens, followed by the addition of CTX Electronic Security Tokens in 1993. These tokens revolutionized vending, carwash and other industries.
Virgil’s knowledge of electronics and electronic applications led to articles such as, “The Token King.” Virgil was very proud of his customers and enjoyed his affiliations and friendships in the many fields where tokens are used. Virgil liked learning and was the first to say, “We learn new things every day from our customers and how they are using tokens for promotions and specialized applications.”
Virgil had three favorite quotations…from Winston Churchill: “If you think you're going through Hell…just keep on going”…from Mark Twain: “I never let my education get in the way of my learning”, and Will Rogers: “Remember that the expert is the guy from out of town.”
In 2006, Van Brook of Lexington became an Operating Division of Osborne Coinage Company of Cincinnati, Ohio. Established in 1835, they are the world’s largest private minting facility.