Sunday, May 16, 2010

Anyone have info, a penny size copper coin date 1863, obv capped flowing hair Rev wreath with Union Forever?

I naturally assume it's a civil war piece, but any other info would be helpful.

Anyone have info, a penny size copper coin date 1863, obv capped flowing hair Rev wreath with Union Forever?
The Indian Head one-cent coin was produced by the United States Mint from 1859 through 1909.





The obverse of the coin shows "UNITED STATES OF AMERICA", the head of a Native American wearing a feather head dress, and the year of production.





The coin's reverse side shows "ONE CENT" within an oak wreath (a laurel wreath before 1860), with three arrows inserted under the ribbon that binds the two branches of the wreath. Between the ends of the branches is the shield of the United States





Research in 1863 had indicated that bronze was an excellent alloy for minor coins, and so the copper-nickel alloy was discontinued. Another possible contributing factor for the alloy change was the whitish color of the early cents.





Indian Head cents were hoarded during the Civil War, which prompted the minting and usage of Civil War tokens by private merchants and citizens. In response, the metal content of the cent was changed from a copper-nickel alloy to one of almost pure copper in 1864.
Reply:hello john...i happend to have a 1863 white indian penny...i am not sure if this is a mint error or someone's joke to make it look that way. But can u give a link or two on this 1863 white color penny ? thanks Report It

Reply:while the reverse carries the slogan "Union For Ever" in 3 lines%26lt;%26lt;%26lt;= doesn't have any words like that on the back ! Report It

Reply:It's one of the many bronze Civil War tokens privately issued to counter the shortage of government-issued cents during the Civil War. Yours dated 1863 has an obverse depicting a capped head while the reverse carries the slogan "Union For Ever" in 3 lines. There are a few varieties for the capped head, with the most common ones trading around $18 to $20 in average circulated and undamaged condition.





Civil War tokens became illegal after the United States Congress passed laws in 1864 prohibiting all private coinage and issue of any one or two-cent tokens as currency.

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