Cryptocurrency Q&A What is War token?

What is War token?

DondaejiDelightfulCharm DondaejiDelightfulCharm Thu Oct 31 2024 | 7 answers 1007
I recently encountered the term 'War token' and I'm curious to learn more about it. Could someone please explain what a War token is, and possibly its background or context in which it's used? What is War token?

7 answers

lucas_emma_entrepreneur lucas_emma_entrepreneur Sat Nov 02 2024
These tokens were privately minted and circulated between 1861 and 1864.

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BlockchainVisionary BlockchainVisionary Sat Nov 02 2024
The primary reason for their creation was the scarcity of official government-issued cents.

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CryptoLegend CryptoLegend Sat Nov 02 2024
During the Civil War, the supply of coins was disrupted, leading to a shortage.

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lucas_taylor_teacher lucas_taylor_teacher Sat Nov 02 2024
Civil War tokens represent a unique numismatic era in the United States.

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Andrea Andrea Sat Nov 02 2024
As a result, private individuals and entities took it upon themselves to mint tokens.

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