The Fuld numbers on this one are 233 / 312 a. It is an R-1, very common token. The sharpness grade is VF, but it has been cleaned, which takes a lot off the value, which might be $5 or $6 retail.
Here's the example in my collection. Believe me, I am far, far from having a really huge collection. I collect the varieties that interest me. Here's an interesting element to the Civil War Token collecting hobby. There was a man in northern Indiana, named Henry Higgins, who was sort of a jack of many trades. He made eyeglasses and barometers for farmers to help them predict the weather. Higgins also made Civil War tokens. He made some pieces completely on his own. He made others by copying designs that he liked. His tokens are called "Indiana primitives." He copied the designs he liked by pressing the token face into the a blank die made of softened steel. The design lost some detail, but he still had a copy. Here is an example of Higgin's "Capital token." The obverse is a copy die with the word "CAPITAL" added to it. The reverse is one of Higgin's homemade dies. There has been speculation that Higgins had a Higley copper, since he used the phrase, "Value me as you please," which appeared on those classic, rare tokens.
I had only one decent example of the “spoot” when I was a dealer, and I sold it. Since then I ran into another that was in an MS-65 red holder (NGC). The dealer had bought it for a want list customer at a Winter FUN show. I had no shot at it. Most of the “spoot” pieces I have seen were damaged.
