Solve The Mystery - Civil War Token?

To expand on this, the United States coins that we collect prior to the Civil War were, for a long time, only a small part of the money that circulated in the U.S. When the first Philadelphia Mint closed in 1832, there were more people living in the United States than U.S. Mint made coins in circulation. Most of coins were foreign, and there were also many tokens.

There was a reason why Spanish Empire coins continued to be legal tender in the United States until 1857. The economy needed to them to survive.

 

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I never felt strongly that Wealth of the South tokens should be considered CWT's but most people do so I accept that.

Bruce

 

I've a few of these, one being the KM#2186 @derkerlegand references. None are in very good shape.

It's a Kreuzer, Nut.

 

1860. Doesn’t that tell it’s not Civil War? But I wish it was.

 

Yes but we all want civil war tokens. That was a nasty war. Why am I so intrigued but those coins or tokens. I wish I knew

 

I am confused by the next to last sentence. Coins are made by a government and have a stated value. Tokens are usually made by private concerns, but can be made by a government. They rarely have a stated value and are never legal tender.

 

Yes but it’s still a nice token.

 

Merchant or trade tokens often have a stated value...a good-for if you will. As you say though never legal tender.

Bruce