1863 CIVIL WAR Token, Crisp XF-AU Features, Gustavus Lindenmueller F-630AQ-1a

Approximately one million pieces of Lindenmueller Currency were struck during the course of the Civil War Token’s short lifespan. Tokens were generally used for buying goods and fares on trains. Since Civil War Tokens could not be redeemed for U.S. currency, the system had inherent flaws. This was evident when New York’s Third Avenue Railroad requested that Lindenmueller redeem his tokens which they accepted as payment for fares. Lindenmueller laughingly declined to pay out the Third Avenue Railroad who then took their issue to the Federal Government. In 1864 Congress passed an act that forbade any private businesses or individuals to produce money. This act essentially shut down the production of Civil War Tokens.