1863 Civil War Token? - Coin Community Forum

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Author	Replies: 9 / Views: 3,082
wolf-n-wa Pillar of the Community United States 602 Posts	Posted 03/19/2011 8:34 pm 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 Edited by wolf-n-wa 03/19/2011 8:36 pm Report this Post to the Staff

Scooby Due Pillar of the Community United States 4000 Posts	Posted 03/19/2011 8:44 pm Someone found that in a roll? Report this Post to the Staff
CheetahCats Pillar of the Community United States 731 Posts	Posted 03/19/2011 9:21 pm 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 Report this Post to the Staff
wolf-n-wa Pillar of the Community United States 602 Posts	Posted 03/19/2011 9:23 pm 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 Report this Post to the Staff
CheetahCats Pillar of the Community United States 731 Posts	Posted 03/19/2011 9:29 pm 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 Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 03/19/2011 10:38 pm Report this Post to the Staff
Uhhhh Valued Member United States 117 Posts	Posted 03/20/2011 02:36 am 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. Report this Post to the Staff
ExoGuy Pillar of the Community United States 4415 Posts	Posted 03/20/2011 11:39 am 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. Report this Post to the Staff
CheetahCats Pillar of the Community United States 731 Posts	Posted 03/20/2011 6:28 pm 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 Report this Post to the Staff
wolf-n-wa Pillar of the Community United States 602 Posts	Posted 03/21/2011 9:58 pm WOW! Thanks for all the great info guys. Much appreciated. WOLF Report this Post to the Staff
	Replies: 9 / Views: 3,082

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