Civil war tokens how to#
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Civil war tokens password#
Our website may set a cookie on your browser that allows you to access the website without needing enter a password more than once during a visit to the website These cookies help provide additional functionality to the website and help us analyze website usage more accurately. In operating the web site, we use “cookies.” A cookie is a piece of information that the computer that hosts our website gives to your browser when you access the website. When you interact with through our website, or by use of our services, we receive and store certain information, which is collected using cookies and log data as described below: Still widely available today and for the most part affordable, tokens remain a popular type of coin to collect.ĭo you have any Civil War Tokens in your collection? If so, share them with us on Facebook or Twitter. Starting around the same time they were banned, Civil War Tokens quickly became hot collectibles. Like most things the Government says we can’t have, we want. To further dissuade the production of tokens, Congress later enacted a bill that made the minting and usage of non-government issued coins punishable by a fine, prison term, or both. The act also introduced the phrase “In God We Trust” that was inscribed on the new two-cent piece.
On April 22, 1864, the Coinage Act of 1864 was enacted by Congress, essentially ending the usage of Civil War Tokens. RELATED ARTICLE: Hobo Nickles Government Interventionĭue to the growing popularity of tokens, and the businesses being built around their production, the United States Government intervened. From there, the merchant would sell the tokens to their patrons for one cent. The die-sinker sold them to a merchant for nine-tenths of a cent. This meant that their actual value was only two-tenths of a cent at the time. As a predecessor to the Lincoln Cent, most tokens were made of pure copper. The business of minting tokens was also quite a racket. Civil War Store Cards ”, it’s estimated that by 1864, there were 25,000,000 Civil War tokens (nearly all redeemable for one cent) in circulation, consisting of approximately 7,000–8,000 varieties.
To circumvent counterfeiting laws, many tokens would be stamped with the word “Not” or simply “Not One Cent”.Īccording to the authors of “ U.S. In fact, privately minted tokens quickly became de facto legal currency across the nation. Such an approach encouraged (or duped) the public into using tokens as everyday currency. The better die-sinkers minted tokens that were eerily similar to period coins. 50 Cent Civil War Sutler Token issued by J.M.
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