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Civil War Token - Business Card

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rikcando's Avatar
Canada
287 Posts
 Posted 02/11/2011  2:57 pm Show Profile   Bookmark this topic Add rikcando to your friends list Get a Link to this Message Number of Subscribers
This is the third token that I am reviewing. I would guess that it would belong to a store card. It states 'Business Card' on the reverse.

Information on 2x2
1863, Civil War Token
Herschman Bros.
Binghampton N.Y.
R-3
EF-45


Civil-War-Token---Business-Card

Civil-War-Token---Business-Card
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CheetahCats's Avatar
United States
731 Posts
 Posted 02/11/2011  4:17 pm  Show Profile   Bookmark this reply Add CheetahCats to your friends list Get a Link to this Reply
Indeed, you have a CWT-80B-1a Herschman Bros. & Co. Civil War Store Card.
Rulau lists it as an R-3 (500-1999 estimated in existence)
Its reverse die is #1368.

This information can be found in the Standard Catalog of United States Tokens 1700-1900, 4th Edition, Russel Rulau, Krause Publications, (c)2004, pgs. 438, 480

I'd venture to estimate this specimen is about Choice Very Fine; I grade a bit conservatively with CWTs.
Valued Member
rikcando's Avatar
Canada
287 Posts
 Posted 02/11/2011  9:01 pm  Show Profile   Bookmark this reply Add rikcando to your friends list Get a Link to this Reply
What would the price range be for an R-3 such as this. The price tag on the one I have was $35 but I am sure he would offer it to me lower. I believe he paid $15 about 10 years ago.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 02/12/2011  09:55 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Although collected as a CWT, this token was probably struck in 1858, as were most of the 1368 die tokens. There's another Binghampton merchant who also used the 1368 die. There are some collectors who've assembled sets of CWT's, containing the 1368 die. I believe that an Iowa one is the toughest to secure. I'm curious to see if the 1368 tokens will continue to be listed as CWT's or be designated non-contemporary tokens in the forthcoming storecard book.

It's interesting to note that not only is Binghamton misspelled on this token but also the issuer's name. It was Hirschmann. This token is probably an R-3 but closer to the R-4 range than the R-2 range, I'd guess. I agree with CheetahCats grading. Also, $25-35 for this nicer specimen seems fair in today's market.
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