Love Tokens are custom engraved coins given as a gift. They were especially popular in the 1750s in the United States. They are made by machine-smoothing a coin (usually silver) on one or both sides, then engraving it with initials, monograms, names, scenes, etc., often with an ornate border. They can be mounted on pins or incorporated into bracelets and necklaces. The love token fad faded out in the early 20th century; love tokens engraved on buffalo nickels are quite rare and prized by collectors of ‘hobo nickels’ (altered coins).
The Daily Omnivore 
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