(sold for $4.0)

1863, USA, New York. Cu "Indian Head / John Schuh's Saloon" Merchant Token. XF!

Mint Year: 1863 Mint Place: New York City  References: Fuld# 630BM-1a Condition: Minor deposits, scratches and small edge-hits, otherwise XF! Denomination: Civil War Token - Indian Head / John Schuh´s Saloon (located on 88th 1st Ave., New York). Material: Copper Diameter: 24mm Weight: 4.38gm

Obverse: Native American (Indian) head left surrounded by 13 stars. Engraver´s signature (L.ROLOFF) and date  (1863) below. Reverse: Inscription ("JOHN SCHUH'S -88- FIRST AVE * - NY - - * SALOON"") in five lines.

Civil War tokens are token coins that were privately minted and distributed in the United States between 1862 and 1864. They were used mainly in the Northeast and Midwest. The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War. Civil War tokens became illegal after the United States Congress passed a law on April 22, 1864 prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864 an additional law was passed that forbade all private coinage.

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