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The Civil War Token Mega Thread

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  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Nice coins, I just ordered another ex Bowers token and should have it and be able to post it in a few days. This will be my 4th, all of them have awesome I appeal.

    I also have a few finishing up grading, so I hope to add to this post over the next few weeks.

  • calgolddivercalgolddiver Posts: 1,474 ✭✭✭✭✭

    very nice !!!

    Top 25 Type Set 1792 to present

    Top 10 Cal Fractional Type Set

    successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Downtown1974, Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)

  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    Another very interesting token. Thanks DCW.

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • DCWDCW Posts: 7,384 ✭✭✭✭✭

    @PennyGuy
    Great write up! Don't you just love the way these little discs can reveal an entire storyline?

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • PennyGuyPennyGuy Posts: 148 ✭✭✭

    @DCW said:
    @PennyGuy
    Great write up! Don't you just love the way these little discs can reveal an entire storyline?

    How very true. I’ve spent a number of cold winter days in our local Library Reference Room reading newspapers from the Civil War years.

    "A penny hit by lightning is worth six cents". Opie Taylor

  • ZoinsZoins Posts: 34,294 ✭✭✭✭✭
    edited August 10, 2020 1:35AM

    I just missed seeing this before it sold. I love the brightness and lathe lines on this.

    This is a Rich Rossa piece..

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    @Zoins said:
    I just missed seeing this before it sold. I love the brightness and lathe lines on this.

    This is a Rich Rossa piece..

    .
    .
    I didn’t see this one come up for auction. Was it at Stacks?
    Maybe it was a good thing I didn’t see it......I would have gone for it

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    For the more experienced CWT collectors, I have 2 questions:

    1) for the ex Bowers pieces that are in the special holder, as a general rule, do you find these to be quality pieces, Or was it also a marketing avenue, so while they maybe decent quality, not all are special. I ask this because a number of the pieces I either have or have seen are in the 64/65 range. I have noticed a few more 65/66 patriotic cwt,s floating around lately. Yes many are newer slabbed, but I think most would’ve been around when Bowers , Rosa and others were collecting. For me, almost all that I have acquired have nice eye appeal to me....but I admit I can judge I appeal much better than true grading with these. Also, maybe I am looking in the right places, but many of the slabbed Bowers pieces seem to be offered at fair prices versus many of the raw or newly slabbed pieces that people seem to be bidding up to what I would call high prices. Any thoughts are appreciated.

    2) with lathe lines on the token shown above...is this equates to a good strike, an early strike, seen as a good thing on a token. I had seen a nice example of a common token that had this, and it was rated by the seller as very high grade...I dismissed it as I was unsure of why it had that look. I also have learned that some tokens may have file marks perhaps from the die...any insight or thoughts on how this impacts either a coins grade or desire ability?

    Still trying to learn...thanks

    Here is the newest token

  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭
    edited August 10, 2020 10:05AM

    @coinsarefun said:
    Pittsburgh, PA F-765V-4a Copper PE Civil War Token PCGS MS65BN, ex. Q. David Bowers.
    Said to be R6.
    .
    .

    Very nice, thanks. Love the way they spelled cigars. Old Pennsylvania speak I think.

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    @AlexinPA said:

    @coinsarefun said:

    >

    Very nice, thanks. Love the way they spelled cigars. Old Pennsylvania speak I think.

    .
    .
    .
    Yeah....lol
    It must have continued into the 1960’s (accent) of cigars cause my dad alway said “see gars”
    Not jokingly either.....lol

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    For those considering collecting CWT’s, one of the reasons I find it fun is the affordability of the coins. Sometimes I buy slabbed coins, but many times I buy raw from a few select dealers. Below is a submission that just posted this week. All of these coins were bought raw, and I checked...I paid between $26-$58 for them. Some may ask why slab low dollar tokens, well for me, it’s how I am presenting the tokens, and also it helps me improve my grading/eye.

    Happy with the grades, and the bottom two were top pop, although I am sure there are not a lot graded.

    So It’s a way to have a fun hunt, for not too much money.

    Once the coins return, I will try to post pics of them , plus some of my others.

  • DCWDCW Posts: 7,384 ✭✭✭✭✭

    @SimpleCollector
    Those are some seriously nice grades for a raw submission of tokens. Hopefully you sprang for gold shield service that included True views

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Love that token and the Bowers reference pedigree. Congratulations....not many people can own that token, especially one so nice.

  • kazkaz Posts: 9,179 ✭✭✭✭✭

    I've always admired the design of that token and the first rate engraving. That's a stellar example. But, the "wealth of the South" wasn't the crops depicted on the reverse, it was the enslaved people who cultivated, harvested, and processed those crops for export. In 1860, there were 4 million enslaved people in the US, with a combined value of 3.5 billion dollars. They were worth more, in dollars, than all the railroads and industries in the US _combined. _In 1860, there were more slaveholder millionaires living in the lower Mississippi valley than anywhere else in the country.
    A more accurate depiction of the "wealth of the South" might be this HTT:

    __

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭
    edited August 23, 2020 4:54PM

    @kaz Thanks for the history lesson.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • DCWDCW Posts: 7,384 ✭✭✭✭✭

    @SimpleCollector said:
    Love that token and the Bowers reference pedigree. Congratulations....not many people can own that token, especially one so nice.

    Thank you! This was in the enormous collection of George Fuld as well and annotated on the label as such

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    1863 Matthews Soda Water.NY-630-AV-1a R4 . Charles Müller, a medalist, cut the dies for a medal issued by John Matthews, maker of soda fountains, a piece which has been adopted as a “Civil War token,” although it is oversize by a large margin and never was intended as a monetary substitute.
    .
    .

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Here is one of my recently graded tokens...I really like everything about this coin, strike, color , luster. Although I usually collect patriotic tokens, I make exceptions for NY / New England storecards occasionally.

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Just noticed, my most recent patriotic cwt had a very similar reverse, different maker, but similar


  • DCWDCW Posts: 7,384 ✭✭✭✭✭

    Very similiar @SimpleCollector . That one is from NY diesinker, Emil Sigel.
    Nice tokens everyone. And great to see the continued additions.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • calgolddivercalgolddiver Posts: 1,474 ✭✭✭✭✭

    @DCW awesome !!

    Top 25 Type Set 1792 to present

    Top 10 Cal Fractional Type Set

    successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Downtown1974, Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    CWT experts,

    I could use your help in determining how to value a cwt. I walked into a random shop looking for bullion, and they had a token that I was looking for. It is a fairly generic patriotic token and certified. The variety is 233/312....However the unique aspect is that it’s suffix is j....German silver...it does not appear that there are any other of these certified and i know I have never seen one in over 4 years of looking for cwt’s. I am seriously considering adding this to my collection, however:

    I am curious as to:

    • what type of value or price would you expect a token like this to get
    • In the future, would this ever be a version/token that an experienced cwt collector would want in there collection
    • What is the market for tokens in the less common metals. I usually add (a) tokens, so, I have never really followed if alternate metals have a big following.

    Any thoughts would be appreciated.

    Thanks

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    @SimpleCollector was it certified and had an J or F?
    I assume this was ngc? I did a quick search and only found
    a F-233/312 F at ngc and they state it’s silver.
    .
    I collect only a few cwt’s and collect more htt’s and merchant tokens.
    I’ve come to the conclusion that many companies get it wrong often.
    Even on scd’s & Conder Tokens they get mist attributed.
    .
    Not to say the one you looked at is wrong, just saying :)
    Value wise......depends on rarity. How many were found or made in German silver?
    Could be double or more. Also depends on how popular the design is. As you said,
    Army Navy 233/312 is a common one. I don’t think you will find a definitive answer
    other than what someone is willing to pay.

  • ashelandasheland Posts: 23,231 ✭✭✭✭✭

    Great thread!

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    @coinsarefun ...host certified with a j... hence part of the problem...there is virtually no record I can find of this token in this material... I have seen some other white metal or sliver tokens of common variety go for 1.5-2x copper tokens, but also seen some go 10x...

    So while it seems rare and legit, that does not necessarily translate to desirable and valuable... if it was sub $200, I would just buy it and show it here.... as it’s not, I am trying to determine if this is a random occurrence once in a lifetime token and cool story that I should jump on, or if it is a boat anchor or albatross waiting to happen.

  • CWT1863CWT1863 Posts: 316 ✭✭✭✭

    @SimpleCollector The patriotic book does not list that combination (233/312) in German silver. However, it is known in silver as a rarity-9 (2-4 known). As coinsarefun said it could possibly be an error by the grading service. With regards to your questions, the majority of off metal CWT are numismatic strikes meaning that they were made during the Civil War for sale to contemporary collectors. Off metal strikes are popular but some enthusiasts don’t like them as they were made for sale to collectors and not made for use. I hope this helps.

    ANA-LM, CWTS-LM, NBS, TAMS, ANS

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    @SimpleCollector if your looking for a definitive price on something that has not been known before
    It will be almost impossible. As I said before the value will be whatever you feel comfortable paying.
    Who knows what the next guy you sell it to will pay.
    The only true way to find out is in a major auction. And even that is not a guarantee it will sell again
    at that price. I do own a few off metal tokens but they are very popular designs with collectors,
    so I felt comfortable stepping up in the price. This will ultimately be your decision

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    @coinsarefun and @CWT1863 , thank you for your input...It has helped me at least think about this potential acquisition a little more clearly. It seems that while perhaps unique and rare, the audience for a token like this would be much smaller than cwt’s in general , and that the pricing would be highly subject to (if a few specific collectors might be interested in it at the time I sell). Thus in my view not being very liquid.

    So while interesting, it is not something that I would now feel comfortable stretching for...Instead I may see if it sits in the LCS inventory for a bit, then potentially of 2x maybe 3x the price of a regular copper/bronze version, but not willing to offer more than that.

    Thanks again for the thoughts and insight.

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Recently acquired patriotic token. Not overly special, but a variety that I was looking for and the eye appeal/price seemed fair.


  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    That is a very nice token. Very nice. Thanks for posting it.

  • DCWDCW Posts: 7,384 ✭✭✭✭✭

    F.B. Orr/ The Washington Token struck over an 1853 With Arrows Seated Liberty Dime PCGS MS63ex. Bowers

    Here is a nice example of a Civil War Token struck over a dime. The details are quite bold in hand. CWT overstrikes on cents are rare, but finding one on a dime is many times rarer.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    So, just figured I would highlight a downside to threads like this and the great info on this forum.

    You can begin to truly appreciate rarity and quality, but either lack the funds or commitment to take the full plunge.

    I had reviewed an online auction tonight, trying to be more selective for CWT patriotic, and narrowed it down to 4 lots. Was hoping that one may go cheaper than expected, but with lots of time still to go, the lots already are in the $600-1800 range with 20+ followers. Was expecting some, in the 1000-1500 range, but when tokens get higher than that, my commitment wanes and the generic gold type set which needs a no motto $10 eagle and type 1 double eagle wins out.

    So if you’re bidding, good luck. Hope to see some nice pics.

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    Sounds like you are an informed collector @SimpleCollector !
    Very wise. It can be beautiful, rare and high grade but if it goes beyond my comfort zone
    I’m more than happy to bow out. I watched and seriously bid on at least 5 or 6 tokens but
    they exceeded my comfort zone.

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