Category Archives: IOU One Cent

IOU One Cent

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Patriotic Civil War Tokens

This was emergency currency and not an official US Mint denomination. The token allowed trade to continue without official money by claiming the individual presenting it would redeem it with real money once the system was back up and running. Unfortunately, it turned out that when pressed, no one would redeem the tokens requiring the US Government to issue a law making the emergency currency illegal. Too bad there were only about 25 million of these in circulation.

Die F-390

IOU One Cent

Sinker : Rhode Island Sinker

Identifiers:

  • I-O-U 1 CENT is legend
  • PURE COPPER to left and right of 1, inside circle
  • Busts in fields face left
DIE MAT RAR DIE MAT RAR DIE MAT RAR
 255  a R1  390  ai R9  434  a R3

 

Die F-390A

IOU One Cent

Sinker : Rhode Island Sinker

Identifiers:

  • I-O-U 1 CENT is legend
  • PURE COPPER to left and right of 1, inside circle
  • Busts in fields face center
DIE MAT RAR DIE MAT RAR DIE MAT RAR
390A  ai R9

 

Die F-391

IOU One Cent

Sinker : Rhode Island Sinker

Identifiers:

  • I. O.U. 1 CENT is legend
  • I.O.U forms triangle of letters above 1
  • Open wreath
DIE MAT RAR DIE MAT RAR DIE MAT RAR
 1  a R1  1  f R8  105  d R9
 1  b R4  1  g R8  105  e R9
 1  d R7  1  j R7  105  j R9
 1  do* R10  105  a R9  229  e R9
 1  e R7  105  b R9

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