- Feuchtwanger Cent
The Feuchtwanger Cent is a coin circulated by Lewis Feuchtwanger during the 1830-40s in the U.S.
Lewis Feuchtwanger (Born in
Furth ,Bavaria onJanuary 11 ,1805 ) received a doctorate at the University ofJena and then moved toNew York City . He was primarily amineralogist ,metallurgist , andchemist , but also worked as aphysician and was a member of a number of learned societies. He wrote four books on mineralogy and chemicals.In
1837 , Feuchtwanger created tokens made of argentan (commonly known as German Silver) to alleviate the need for small change during the Hard Times. German Silver is an alloy made of copper, nickel, zinc, tin and trace metals. It was considerable cheaper to produce than the extraction of copper for the government minted half-cents and cents.The Hard Times, an especially rough period of economic recession following the dissolution of the
Second Bank of the United States , was known for massive hoarding of small change. Much of the small change circulating at this time (roughly 1837-1844) was composed of clunky copper half-cents and cents privately produced or various cut and whole silver coins of foreign origin. In fact, it would not be until1857 , that Congress would enact into law that legal currency be coin ofUnited States Mint origin.In 1837, Feuchtwanger presented his one cent coins to Congress for approval as legal coinage. This was probably the first attempt to circulate "nickel" coinage in the United States. Congress denied his request, but Feuchtwanger persisted in his production and circulation. (Laws banning private coinage were not passed until
1864 .) Between 1837 and1844 thousands of Feuchtwanger cents came out of his New York Citypharmacy . To the discerning collector over a dozen different die casts have been identified, affecting the relative rarity of each specimen found.Aside from one cent tokens, in
1864 Feuchtwanger also produced three cent tokens which are considered extremely rare, as few specimens have survived. Feuchtwanger was also noted for producing stamp-like casts featuring his common theme of a pouncing eagle attacking a snake.He died in New York City on
June 25 ,1876 .Notes and References
http://coinbooks.org/esylum_v04n15a13.html - Article on Lewis Feuchtwanger
http://www.pcgs.com/articles/article2007.chtml - PCGS article on grading Feuchtwanger cents
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