1861-1864 Genuine Civil War Tokens - Fine / Very Fine Condition
- Fine / Very Fine condition.
- These highly collectible tokens vary greatly in both composition and design. In fact, some 10,000 different varieties are known. On June 8th 1864, a law was passed which outlawed private coinage of every type.
- All tokens come in protective plastic.
From the outset of the Civil War, there was a shortage of government issue cents. Because the cents were hoarded and the public had no great love for the fractional currency of the day, copper coins were issued by many individuals.
Civil War Tokens are generally divided into two categories: merchant issues, and those with patriotic themes. The merchant tokens were issued to provide change and to advertise the dealer's wares. The patriotic types were simply used as a substitute for government coins and were produced at a profit by private manufacturers and put into circulation via various agencies.