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<p>[QUOTE=&quot;Conder101, post: 2446165, member: 66&quot;]In the case of the merchant tokens they were purchased from the manufacturers at a rate of about $7 to $8 per thousand, sometimes less.&nbsp; Passing them as change resulted in a $2 to $3 profit.&nbsp; Any that were not returned for redemption represented pure profit.&nbsp; In the case of the sutlers they also purchased the tokens at around the same rates but many of their were denominated at higher than one cent.&nbsp; Again they would be used as change, but the sutlers had an advantage, a significant percentage were never be redeemed because they were lost on the battlefield,&nbsp; About the only deals made between the sutlers and the army was that sometimes the sutlers rather than using tokens would extend the soldiers credit and collect what the soldier owed from the paymaster on payday.&nbsp; The soldier would get what was left.&nbsp; This tended to leave the soldier short on funds and he would have no choice but to go back into debt with the sutler.&nbsp; (If the soldier died the sutler still had a claim on any money owed to him by the army.)&nbsp; And the sutlers prices were often higher than what they would be from a regular store.[/QUOTE]</p><p><br /></p>

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