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1863 Civil War Token?

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wolf-n-wa's Avatar
United States
602 Posts
 Posted 03/19/2011  8:34 pm Show Profile   Bookmark this topic Add wolf-n-wa to your friends list Get a Link to this Message Number of Subscribers
So, not real knowledgable about tokens. This was found by a friend coin roll hunting and I would like some info on it. IE; population, value, etc. Thanks for the help. WOLF

1863-Civil-War-Token?

1863-Civil-War-Token?
Edited by wolf-n-wa
03/19/2011 8:36 pm
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Scooby Due's Avatar
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4000 Posts
 Posted 03/19/2011  8:44 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Someone found that in a roll?
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CheetahCats's Avatar
United States
731 Posts
 Posted 03/19/2011  9:21 pm  Show Profile   Bookmark this reply Add CheetahCats to your friends list Get a Link to this Reply
Oliver Boutwell
Civil War Token
NY-890B-1b, R-1

VF details, rim damage. Very common.

Rulau lists VF (no damage) @ 12.00 US.

Edited by CheetahCats
03/19/2011 9:33 pm
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wolf-n-wa's Avatar
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602 Posts
 Posted 03/19/2011  9:23 pm  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list Get a Link to this Reply
Thanks CheetahCats but what does it mean? 890 minted? and worth R-1 or 1 red cent? WOLF

K, got it thank you very much. WOLF
Edited by wolf-n-wa
03/19/2011 9:27 pm
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CheetahCats's Avatar
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 Posted 03/19/2011  9:29 pm  Show Profile   Bookmark this reply Add CheetahCats to your friends list Get a Link to this Reply
No.

R-1 means that 5000 or more known to exist. Very common.

Rarity for CWT tokens have a scale:

R-1 = More than 5000 known to exist, very common
R-2 = 2000-4999 known to exist, common
R-3 = 500-1999 known to exist
R-4 = 200-499 known to exist
R-5 = 75-199 known to exist, scarce
R-6 = 20-74 known to exist, very scarce
R-7 = 10-19 known to exist, rare
R-8 = 5-9 known to exist, very rare
R-9 = 2-4 known to exist, extremely rare
R-10 = Unique, only 1 known to exist

NY-890B-1b is the Fuld/catalog number.
Edited by CheetahCats
03/19/2011 9:33 pm
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/19/2011  10:38 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply


1863-Civil-War-Token?

1863-Civil-War-Token?
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Uhhhh's Avatar
United States
117 Posts
 Posted 03/20/2011  02:36 am  Show Profile   Bookmark this reply Add Uhhhh to your friends list Get a Link to this Reply
Am I the only one that thinks it's funny that it says Redeemed At My Office? Would that not be obvious, or am I missing something.


I must admit it is rather pretty though.
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ExoGuy's Avatar
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4415 Posts
 Posted 03/20/2011  11:39 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Am I the only one that thinks it's funny that it says Redeemed At My Office?


This token issuer had a widespread operation of flour mills. It appears that Boutwell would redeem his tokens for coin of the realm. A contemporary saloon owner in NY City by the name of Gustavus Lindenmueller, also a prolific issuer of tokens, was then unwilling to redeem his tokens. Lindenmueller's refusal as such resulted in a lawsuit being filed against him by the Third Avenue Railroad. Perhaps, Boutwell's "redeeming" statement was, in effect, an assertion to instill confidence in his business?

Boutwell's tokens are among the most common that were issued during the Civil War. There are numerous varieties that have subtle differences in the diework. While these tokens are fairly common in uncirculated condition, it's evident that they much circulated in everyday use at the time.
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CheetahCats's Avatar
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731 Posts
 Posted 03/20/2011  6:28 pm  Show Profile   Bookmark this reply Add CheetahCats to your friends list Get a Link to this Reply

Quote:
Perhaps, Boutwell's "redeeming" statement was, in effect, an assertion to instill confidence in his business?


Indeed. I think most would agree that your statement is correct with a high-level of certainty.

During that era there was a huge problem with hoarding official U.S. coinage. There were cases of unscrupulous shin plasterers who swept in to take advantage.
Edited by CheetahCats
03/20/2011 6:29 pm
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wolf-n-wa's Avatar
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602 Posts
 Posted 03/21/2011  9:58 pm  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list Get a Link to this Reply
WOW! Thanks for all the great info guys. Much appreciated. WOLF
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