25 mm, copper face value 5, outer pearl circle	outer pearl circle, crowned lion inside with two tails supporting a shield with inscription C.F. DE Z, below legend CANTINA FABRICEI DE ZAHAR de la MĂRĂSESCI [CAFETERIA OF MĂRĂŞEŞTI SUGAR FACTORY], at right CARNIOL FIUL (indicating engraver Mauriciu Carniol, 1852 - 1945)

The sugar factory at Mărăşeşti (Vrancea county) was built in 1897. Closed in 1914, the factory was destroyed in 1917 during the combats of WWI [1].

References

1. Bălăiţă D., Jetoanele fabricii de zahăr de la Mărăşeşti. Cercetări Numismatice XIX-XX, p. 111-118.