(No Date) Civil War Store Card F-690D-3I, IL

Coin Details

Description

Penoyer & Larkin, based in Paris, Illinois, produced this token as a cent substitute during the wartime coin shortage. Illinois was a critical Union state with Chicago rapidly becoming one of America's largest commercial centers, driving token production across the state. The 10 cataloged varieties for Penoyer & Larkin indicate a notable level of token production. This zinc striking (Fuld 690D-3I) is scarce among the known varieties. No date appears on this token, consistent with the rapid production practices of the 1862-1864 Civil War token boom. 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. Zinc tokens corrode easily, and surviving examples in good condition are scarce.

Rarity Notes

Zinc strikings are relatively uncommon and prone to corrosion, making well-preserved examples particularly desirable. With 10 cataloged varieties, Penoyer & Larkin was a notable token issuer.

Cross References

Fuld 690D-3I