Merchant tokens, particularly those from the United States, were often issued by local businesses during the 19th century as a substitute for currency. They served as a means of promoting commerce and were typically used in trade for goods and services. The Rulau catalog, which catalogs various merchant tokens, includes many coins from 1862, reflecting the economic conditions of the time, including the Civil War and the resultant scarcity of official currency. These tokens are collectible due to their historical significance, rarity, and the engaging stories behind the businesses that issued them.

Item Denomination Series Year Mint
(1862) New Orleans R-La-105 On 1860 1c La Ms Other / Varied Merchant Tokens - Rulau 1862 Unknown