Coin and Paper Money Collecting/old 1860 coin

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Question
About 2 days ago today, a man gave my mom this old rare coin. He said it was a coin that guys used to trade in, to get (excuse my language) but sex. So it was like a coin for prostitution. On it, it say's "Good For All Night". Its pretty weird to have such an old coin...I was wondering if it was valuable in any type of way and if it was really a coin from old prostitution days.

Answer
Jamille, there have been quite a few "fantasy" pieces made that sound like what you are describing.  They are called brothel tokens.  They are actually of fairly recent vintage and weren't from the 1860s.  They are nonetheless interesting pieces and have some value say a couple dollars each.  If you go to www.ebay.com and do a search for "brothel token" I bet you'll find some for sale, Jim Lawniczak

Coin and Paper Money Collecting

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Jim Lawniczak

Expertise

I will answer your questions about encased coins (lucky pennies), which are advertising and event tokens with coins, unually cents, struck with the token.

Experience

Long time collector of encased coins and author of several articles on encased coins.

Organizations
TAMS, ECI (Encased Collectors International)

Publications
TAMS -- several articles on encased coins, in particular the encased coins of the 1901 Buffalo Pan American Exposition
Casement -- many articles on encased coins

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