(1848-52) Chicago M-Ill-14 Il Ms

Coin / United States of America / 1848 / Unknown / Merchant Tokens - Rulau / Other / Varied

The coin in question belongs to the category of Merchant Tokens, specifically from the Rulau series, which is a notable collection of tokens issued in the United States. Specifically dated to 1848, this piece represents a fascinating segment of numismatic history, particularly connected to the monetary practices prevalent in that era. While the exact mint is not known, and both the diameter and weight are recorded as zero, this absence of physical attributes may indicate that the specific coin lacks sufficient information or has yet to be properly measured or cataloged. Merchant tokens like this one were commonly used in various trade practices during the mid-19th century, serving as a substitute currency in commercial transactions, a practice that developed in response to coin shortages and local economic needs. The denomination is classified as "Other / Varied," reflecting the broad range of values assigned to such tokens based on their issuer and local economic conditions. The production type is noted as a "Mint Strike," suggesting that this token was officially made rather than being privately issued or manufactured in an ad-hoc manner. In summary, this 1848 Merchant Token from the United States holds historical significance even in light of the unknowns about its dimensions and minting details. It is an example of the complex interplay between commerce and currency and represents a unique collectible for numismatists interested in tokens and alternative currency systems of the 19th century.