- Joined
- Nov 27, 2018
- Location
- Chattanooga, Tennessee
Civil war tokens and tradesmen's store cards, : Hetrich, George. [from old catalog] : Free Download, Borrow, and Streaming : Internet Archive
1 p. l., 5-289 p. 16 pl. 27 cm
archive.org
"A tentative list of the Civil War tokens, and store cards issued by the merchants of the United States, and used as money during the period from 1861 to 1864."
"Early in 1862 all metallic currency was gradually withdrawn from circulation. Citizens, anticipating the possible increase in value of all metals, commenced hoarding gold, silver, and even copper to such an extent that in a short time there were no metallic coins of any denominations in circulation. Tradesmen were thus forced to issue a medium that would supply the place of small coins, and the first of these coins issued on account of the lack of the proper Government currency made their appearance in Cincinnati in the Fall of 1862. In the Spring of 1863 New York followed this example. The first to be made in New York was the Lindenmueller currency, of which a million pieces were struck. William H. Bridgens, the die-cutter, then issued the Knickerbocker currency, which consisted of numerous varieties, and were struck in large quantities." [page 5].
In total, it goes on to say, 25 million of these private tokens were struck in 7 or 8 thousand varieties. Enjoy the collection.
Lubliner.