On June 8, 1864, an additional law was passed that forbade all private coinage.[1]. 1863 CIVIL WAR TOKEN OUR NAVY MONITOR COLLECTOR TOKEN, FREE SHIPPING. You will receive a link to create a new password. These cookies track visitors across websites and collect information to provide customized ads. Merchants, businessmen, and entrepreneurs who were unable to make transactions because of the paucity of coins turned to minting Civil War Tokens. In response, many merchants turned to private minters to fill the void left by the hoarded coins. As coins started to disappear in the camps, Sutlers began minting tokens, which they used to fill the gap created by coin shortages. Evidence exists that the tokens were viewed as collectibles as early as 1863, when the first known listings of Civil War tokens were published. This cookie is set by GDPR Cookie Consent plugin. Museums,InstitutionsandLearnedSocieties, Brian's Rare Coin Market Report and Outlook. Free shipping. Copper-Nickel. Bronze was a softer metal and easier to strike, and was less expensive to produce. This happened because people began hoarding coins and by mid-1862 all coinage had disappeared from commerce. Item Code: 998-831. It seems you have a lot of information. This is a thread that is designed to draw attention to that niche of the hobby so many of us already find alluring, tokens and medals that were issued during the American Civil War. Only actual sales should be included. 1863 Token F-254/255a Money makes the Mare go. An amazing Civil War relic - a sutler counterstamping tool, The Bob Williams Civil War Token Collection. Trade came grinding to a halt. Civil War tokens are divided into three typesstore cards, patriotic tokens, and sutler tokens. For the best experience on our site, be sure to turn on Javascript in your browser. However, the merchants were not the ones that actually made these Store Cards. These cookies will be stored in your browser only with your consent. // -->