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The Civil War Store Card Troy NY 1863 Oliver Boutwell NY890B-19b AU R4 presents a tangible link to the economic milieu of Troy, New York, during the tumultuous period of the American Civil War. Produced during a time when coin shortages were rampant, store cards like this one served as an essential medium of exchange for local businesses and residents.
The American Civil War, spanning from 1861 to 1865, was a defining moment in the history of the United States. Characterized by deep-seated political divisions and social upheaval, the conflict between the Northern Union states and the Southern Confederate states had profound economic implications. Trade disruptions, currency shortages, and inflationary pressures were among the challenges faced by businesses and individuals during this period.
The design of the Oliver Boutwell store card typically features a central motif surrounded by text identifying the business and its location. On the obverse side, one may find the name of the merchant, Oliver Boutwell, along with imagery or symbols associated with the business, such as tools or products. The reverse side might contain additional information, such as the token's denomination or a patriotic slogan.
Privately minted by establishments like Oliver Boutwell's, store cards were issued to alleviate the scarcity of small denomination coins during the war. Crafted from copper or brass, these tokens were smaller than official U.S. coins and were not endorsed by the government. Nevertheless, they gained wide acceptance as a means of payment within the local community.
The mintage of store cards like the Oliver Boutwell token varied based on the needs of individual businesses and the availability of materials and minting facilities. Some merchants produced limited quantities, while others minted larger numbers to meet demand.
Denominated to suit the needs of the issuing business, store cards like the Oliver Boutwell token functioned as currency for everyday transactions, akin to official coins. The denomination typically reflected the value of goods or services provided by the merchant.
Condition plays a significant role in determining the value of store cards like the Oliver Boutwell token. Graded as AU, or About Uncirculated, this particular specimen exhibits minimal wear and retains much of its original detail and luster. While there may be slight evidence of handling, the overall appearance remains highly attractive.
In summary, the Civil War Store Card Troy NY 1863 Oliver Boutwell NY890B-19b AU R4 offers valuable insights into the economic challenges faced by businesses and residents of Troy, New York, during the Civil War era. Its design and historical significance provide a fascinating glimpse into the local economy and commerce of the time.