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$395.00
Quantity Available: 1
Item Code: 1202-1056
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This copper token is about 0.86” in diameter and very thin. Face of token reads, “H.H. BEECHER & CO. / 40’TH. / ILL. REG. / 25 / CENTS”. Reverse is very lightly stamped, “JOHN STANTON / STAMP / BRAND / CUTTER / CINCINNATI”. This is in good condition with mellow patina and light wear.
These items are token coins that were privately minted and distributed in the United States between 1861 and 1864. The widespread use of the tokens was a result of the scarcity of government-issued coinage during the war. 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.
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.
Sutler tokens bore the name of a particular army unit (usually a regiment) and the name of the sutler who conducted transactions with the regiment. Of the three types of Civil War tokens, sutler tokens are by far the rarest. [jet] [ph:L]
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