Civil war tokens
Overall: 3/4 in. ( 1.9 cm )
Civil War tokens; metal; (a-d) depiction of Knickerbocker figure in center of reverse; (a&b) depiction of woman's profile on obverse; obverse "FOR PUBLIC / ACCOMMODATION / 1863" reverse "KNICKERBOCKER CURRENCY"; (c) obverse "GOOD FOR / 1 / CENT" reverse "KNICKERBOCKER CURRENCY"; (d) obverse "I-O-U / PURE / 1 / COPPER / CENT" reverse "KNICKERBOCKER / CURRENCY"
Tokens called "Civil War tokens'' were struck in some northern cities between 1863 and 1865 to supply small change for public transactions. To circumvent anti-counterfeiting laws, they were either not denominated or bore an evasive valuation, as here (i.e., "medal for one cent''). The irresponsible nature of these tokens forced Congress to pass an act in 1864, forbidding private individuals to issue any form of money.
Due to ongoing research, information about this object is subject to change.