(1861-65) Copper Civil War Store Card F-630AL-5a, George Hyenlein NY

Coin Details

Auction Record

$38 UNC Details 11-16-2012 Stack's Bowers

Description

George Hyenlein of New York issued this Civil War store card during the 1862-1864 coin shortage. New York state generated the second-largest body of Civil War token issues, concentrated in New York City but extending to Albany, Troy, Buffalo, and smaller commercial centers. Struck in copper, this die combination (Fuld 630AL-5a) is common. The dies for merchant tokens were usually cut by professional engravers who could produce a complete set in a matter of days. Private tokens entered circulation after the suspension of specie payments in late 1861 drained small change from commerce. The coin shortage of 1862-1864 affected virtually every retail transaction in the Northern states, as hoarding removed silver and copper coins from circulation faster than the U.S. Mint could replace them. After Congress banned private coinage in 1864, surviving tokens became instant collectibles, with serious collecting beginning within a decade of the war's end.

Rarity Notes

Copper strikings are generally the most common metal variant for Civil War store cards, as copper was the standard planchet material mimicking the federal cent. With 7 cataloged varieties, George Hyenlein was a minor token issuer.

Cross References

Fuld 630AL-5a