CENT-ER PIECE
Detecting around an old house in the Baltimore area, I popped up this unusual coin or token. One side has an eagle and "United States Copper," and the other has " * Tradesmens Currency * " and a shield with the words "Good for One Cent." It's a little larger than a penny. What can you tell me about it?
During the Civil War, an epidemic of hoarding soon led to a shortage of small change. While for many merchants the solution was to issue "store cards"- tokens bearing their name, location, and commercial message- which could serve as substitute coinage, others found this a bit too expensive and opted instead for stock tokens available at a lower cost. Patriotic designs were the norm... Liberty, flags, eagles, shields, stars & stripes, and such. Other tokens, including yours, emphasized value in trade; some even imitated Indian Heads cents. Varieties abound, and for convenience they are classified by obverse and reverse die numbers. This one's known as 202/434, and generally brings $12-18, VF+.
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