c.1890s ORDER OF THE ANNUAL FRIEND PPP Badge, Insurance Scam in Massachusetts

Description

Apparnetly this Massachusetts ASSESSMENT ENDOWMENT CORPORATION was a bit of a Ponzi Scheme, and soon collapsed under its own pressure. This silver plated brass or bronze badge or pin reads, "0 IN ONE YEAR P.P.P. ORDER OF THE ANNUAL FRIEND." Height is about
4". Condition is good, uncleaned.