1859 to 1864 Indian Head Cent Copper-Nickel 6 Coin Set Good & 1862 CSA Jefferson Davis 5¢ Stamp

Product Description

1859 to 1864 Indian Head Cent Copper-Nickel 6 Coin Set Good: When the Indian Head penny was first introduced into circulation, it was colloquially known as a "nickel" or "white cent" because its copper-nickel composition gave it a lighter appearance. The coveted inaugural 1859 issue was the sole date struck with a laurel wreath reverse; the following year the penny's reverse engraving was revised to include a Union Shield encircled by oak leaves in 1860.

Economic chaos ensued when the War Between the States broke out in 1861, causing silver, gold and even the cent to all but vanish from circulation due to hoarding. Emergency currency emerged – from fractional notes to privately issued bronze tokens – to fill the void. In a roundabout way these tokens would pave the way for the United States' introduction of base metal coinage,  and partway through 1864 the final copper-nickel pennies were minted and replaced by the bronze cent.

1862 CSA Jefferson Davis 5¢ Stamp. When the Civil War began, the U.S. demonetized its circulating stamps and reissued new ones to prevent the Confederacy from using its existing stockpiles. In response, the South quickly organized a post office and printed its own postage. One such example is this unused light blue 5¢ stamp that features the Confederate States' first and only president, Jefferson Davis. This postage stamp will compliment any Civil War collection. Unused condition.