(sold for $13.0)

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1863, United States. Storecard Token. John Schuh´s Saloon 88 / First Ave. NY!

Mint year: 1863 Engraver: Louis Roloff, New York (active in 1860s) References:  TC-10831, Fuld NY630BM-1a, CWT 630BM-1a.  Condition: Faint scratches (hairlines) in field, minor deposits, otherwise VF+ Denomination: Indian Cent - Civil War Trade Token (Store Card) - John Schuh´s Saloon, located at 88th 1st Ave. New York. Material: Copper Diameter: 24mm Weight: 4.84gm

Obverse: Native indian bust left, wearing headdress. Date (1863) and maker´s signature (L. ROLOFF) below. Thirteen stars around. Reverse: Inscription in six lines including the business name and address of the store. Legend: JOHN SCHUH`S -88- * FIRST AVE. *     -N-Y- SALOON

Civil War tokens are token coins that were privately minted and distributed in the United States between 1862 and 1864. They were used mainly in the Northeast and Midwest. The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War.

Civil War tokens became illegal after the United States Congress passed a law on April 22, 1864 prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864 an additional law was passed that forbade all private coinage.

Civil War tokens are divided into three types—store cards, patriotic tokens, and sutler tokens. All three types were utilized as currency, and are differentiated by their designs. The collectible value of the tokens is determined chiefly by their rarity.

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This coin has been sold for   $13.0 / 2018-08-21

Transaction details: https://www.hobbyray.com/page-cache/751ecdbd677c4b8aa4e0b1b4c3d73cda.html
Posted by: anonymous
2018-08-15
 
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