War Token, 1863
War token with head with winged cap obverse and eagle with shield reverse. These little mementoes of the War of the Rebellion represent the small currency chiefly in use during that period. They were all privately issued, and the Government did not interfere. Merchants displayed their cards on them (often with appropriate characteristic devices), and freely used them in their business. Others partook of the general type, were supplied in suitable quantities to the purchaser, and were "current everywhere." They continued in circulation until about 1867 when their use was prohibited by law.