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1857-1867 A Decade of Change
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<p>[QUOTE="Paddy54, post: 2048552, member: 19250"]Eugene I wanted to show with this thread a few things. One that during this decade US coinage was vast. We had a lot of money in the system . However for five or six years during the Civil war and reconstruction hard money was very hard to find. So coins were hoarded or spent and used til they wore thin. Tokens were used as hard money "coinage" of gold or silver was again hoarded. Paper notes were more so a promise to pay backed by your word .</p><p>Tokens allowed people to buy goods needed more so barter then again having any true backing by a bank or government. Some of The best coins ever produced by the U.S. came from his time frame. Designs that were truly Americana . The artist and the mints made beautiful coins. Another thing most people take for granted is the fact this money had value! Meaning it was worth it's weight. A half cent or cent was a lot of money. Most people of this time period never seen a gold coin or more less a twenty dollar coin! Thanks for sharing your coins from this time frame. I know you well enough to know you're enjoying the pictures and post. As we all here have the passion.... your's is like a love affair my friend. To build a collection second to none.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2048552, member: 19250"]Eugene I wanted to show with this thread a few things. One that during this decade US coinage was vast. We had a lot of money in the system . However for five or six years during the Civil war and reconstruction hard money was very hard to find. So coins were hoarded or spent and used til they wore thin. Tokens were used as hard money "coinage" of gold or silver was again hoarded. Paper notes were more so a promise to pay backed by your word . Tokens allowed people to buy goods needed more so barter then again having any true backing by a bank or government. Some of The best coins ever produced by the U.S. came from his time frame. Designs that were truly Americana . The artist and the mints made beautiful coins. Another thing most people take for granted is the fact this money had value! Meaning it was worth it's weight. A half cent or cent was a lot of money. Most people of this time period never seen a gold coin or more less a twenty dollar coin! Thanks for sharing your coins from this time frame. I know you well enough to know you're enjoying the pictures and post. As we all here have the passion.... your's is like a love affair my friend. To build a collection second to none.[/QUOTE]
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