E-Auction 49 Lot 279

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E-Auction 49 Lot 279

UNITED STATES. Civil War Store Card. Copper. 2.46 gm. 20 mm. J. Mahnken (liquor, cigars). New York, NY. J. MAHNKEN LIQUORS & SEGARS 19&22 WEST ST. NY / I-O-U 1 PURE COPPER CENT, two small Washington busts flanking. Fuld NY-630-AT. Very Fine.

There was a severe shortage of official coinage during the US Civil War due to wartime hoarding. To solve this issue (much like British 'Conder' token producers before them) businesses produced tokens privately to fill in for the lack of government minted cents.

As many as 25 million Civil War tokens, nearly all valued at one cent, were produced between 1861 and when they were federally outlawed on June 8th 1864. They varied between patriotic tokens (most featuring pro-Union slogans), store cards with advertising for specific businesses (what we feature here), and sutler tokens advertising merchants following a specific army unit.

The new official penny introduced in 1864 (Indian Head variety 3) featured a higher percentage of copper and a thinner planchet, closely following the feel of the banned tokens and bringing us to the cent size we still use today.

Estimate:

$30

Your Maximum Bid:

Current High Bidder: 34960 Hammer Price:

$24

Next Increment:

-

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