The area of Jones's Wood, or Joneswood, has left such a mark on the history of Manhattan that it has its own Wikipedia article. In the directory of 1860-1861, it is listed as 'Isaac Sommers' Hotel at the Foot of East 70th Street', explaining the 'I. Sommers' on the coin.
These tokens, dated 1863, struck during the Civil War (possibly during a shortage of pennies), are traded today at respectable values:
worn: $10 US dollars approximate catalog value
average circulated: $30
well preserved: $80
fully uncirculated: $175
Damaged tokens are worth a couple dollars at most. Please read our Important Terminology page found at the top left in order to properly interpret the catalog values listed above.