1893 Token Schenkman MO-23 Silver John Ericsson

Coin Details

Auction Record

$293 AU58 01-21-2023 eBay

Description

This 1893 silver token, cataloged as Schenkman MO-23, is another piece honoring John Ericsson, the inventor of the USS Monitor ironclad. The silver composition elevates this above the 1889 white metal version (Schenkman MO-15), suggesting a premium commemorative produced for more discriminating collectors. The 1893 date may coincide with the World's Columbian Exposition in Chicago, where naval and military themes were prominently featured, or it may represent a continuing series of Ericsson tributes following his 1889 death. The Schenkman MO-23 catalog number indicates this is a different die design from the MO-15, with distinct obverse or reverse elements. Private token production in America has served multiple functions throughout history, from providing small change during periods of coin shortage to advertising businesses and facilitating commercial transactions. Silver naval commemorative tokens are uncommon and appeal to collectors of both numismatic and maritime history.

Rarity Notes

Silver, Schenkman MO-23. Premium John Ericsson commemorative. Silver composition is unusual for tokens.

Cross References

Schenkman MO-23; PCGS #913610; John Ericsson / Monitor, Silver, 1893