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This is a Genuine United States Hard Times Token from the year 1837! This token reads "MILLIONS FOR DEFENCE NOT ONE CENT FOR TRIBUTE". This coin is in FINE condition with some rim small dings.
Hard-times tokens are large-cent-sized copper tokens, struck from about 1833 through 1843, serving as unofficial currency. These privately made pieces, comprising merchant, political and satirical pieces, were used during a time of political and financial crisis in the United States.
Today, hard-times tokens are collectible as coins as well as political history.
BACKGROUND
In 1832, President Andrew Jackson ran for re-election and called for the abolition of the Second Bank of the United States. While he won the election, he worked to weaken the bank before the charter expired in 1836. Without the Bank of the United States, state banks attempted to fill the paper money gap and issued a large number of bank notes, which fueled inflation. Hoping to halt the inflation and speculation in public lands, Jackson and his Treasury secretary, Levi Woodbury, issued the Specie Circular on July 11, 1836. The circular simply stated that as of August 15 1836, banks and others who received public money were required to accept only gold and silver coins in payment for public lands.
Instead of the intended results, the circular spelled the end of a time of economic prosperity. The circular set into motion a panic, and the public began hoarding specie. Without specie to pay out, banks and merchants began having financial troubles. It wasn't too long before the effects of Jackson's decision were felt across the nation as banks and businesses failed, and a depression ensued.
By this time, Jackson's vice president, Martin Van Buren, was the elected president in office. The period of economic hardship during Van Buren's presidency came to be known as the "Hard Times".
THIS ITEM COMES IN A NEW MYLAR (NON PVC, ARCHIVAL SAFE) PLASTIC PROTECTIVE SLEEVE OR FLIP.
A great GIFT idea! ! GET THAT ANNIVERSARY, BIRTHDAY,
OR EARLY CHRISTMAS SHOPPING DONE NOW!
What a GREAT piece of HISTORY!
In the year 1837, the City of Chicago incorporates. Also, Michigan is admitted as the 26th U.S. state. And, the Battle of Okeechobee-U.S. forces defeat the Seminole Indians. Plus, Cheyney University forms as the Institute for Colored Youth. And, US president Andrew Jackson and Congress recognize the Republic of Texas.
Too, the American Physiological Society organizes in Boston. Also, the 1st ascent of Mount Marcy (5,344') the highest peak in Adirondack, New York. And, Pharmacists John Lea and William Perrins manufacture Worcester Sauce (What was in bloody marys before that?). Plus, the Weekly Advocate changes its name to the Colored American. And, the 1st U.S. electric printing press is patented by Thomas Davenport.
I HAVE MORE COINS ON EBAY RIGHT NOW AND MANY MORE ARE COMING - PLEASE SEE THE LINK BELOW FOR MY OTHER AUCTIONS!
Click hereFOR THE LINK TO OUR OTHER AUCTIONS BY QUIXELLER!
THE BEAUTIFUL COIN PICTURED IS THE ACTUAL COIN THAT YOU WILL RECEIVE!
There will be a group of High grade & Proof coins coming in the next few weeks, and many are VERY LOW POPULATION COINS. Do not miss this once in a lifetime opportunity on some of these coins! MANY OF THESE COINS HAVE BEAUTIFUL TONING. IF THEY ARE TONED, WE WILL SAY SO. SOME ARE BRIGHT BLUE, AND SOME ARE MULTICOLORED OR RAINBOW. NONE ARE ARTIFICIALLY TONED.
APPRAISALS ARE AVAILABLE FOR ALL OF OUR ITEMS. APPRAISALS ARE IN OUR OTHER AUCTIONS AS A "BUY-IT-NOW" ITEM, SO YOU CAN PURCHASE THEM AFTER YOU WIN AN AUCTION.
WE ARE SELLING A COLLECTION OF SOME OF THE FINEST AND RAREST CERTIFIED AND UNCERTIFIED, SLABBED & GRADED COINS AVAILABLE IN THE WORLD!
MANY HAVE BEEN CERTIFIED BY PCGS, A FEW BY NGC, ICG OR ANACS. ALMOST ALL ARE RARE COINS, LOW POPULATION, MANY A ONCE-IN-A-LIFETIME OPPORTUNITY!
Also, when buying Diamonds and other fine Jewelry, it is important to know the reputation of the person with whom you are dealing. We have a physical store, and a web site. Please check our feedback: Our customers say that the items they bought were much BETTER than the pictures and descriptions! Thank you!
SHIPPING CHARGES AND SHIPPING TIME:
SHIPPING FOR THIS ITEM IS $4.80 PRIORITY MAIL REGARDLESS OF THE ENDING AUCTION PRICE, AND ALL ADDITIONAL ITEMS ARE FREE IF PURCHASED WITHIN 3 DAYS.
MOST PIECES WILL ARRIVE WITHIN A WEEK, BUT PLEASE BE AWARE THAT SHIPPING CAN TAKE UP TO 14 DAYS, AND ONLY BID IF YOU ARE OK WITH THAT - WE DO NOT SHIP EVERY DAY! WE HAVE SHIPPED OVER 8,000 PIECES SO FAR, AND NONE HAVE BEEN LOST.
PLEASE DO NOT ask us to commit mail fraud, We will only insure the package for its full value, and WILL NOT send anything valued as a "GIFT".
FEEDBACK IS VITALLY IMPORTANT TO SELLERS - ANYTHING LESS THAN 5 STARS CAN RESULT IN LOWERED EXPOSURE & INCREASED FEES. PLEASE GIVE US 5 STARS WHEN WE KEEP OUR END OF THE SALES AGREEMENT! THANK YOU!!
PLEASE CHECK OUR FEEDBACK (6,800+) AND SEE OUR ESTATE JEWELRY SELECTIONS - ALSO ON EBAY !
We have purchased thousands of items from several large estates, and will be listing them for months! Lots of signed pieces! Be sure to bookmark QUIXELLER for your future enjoyment. Thanks for bidding!
ALL COINS AND CURRENCY ARE SOLD "AS SHOWN", MEANING YOU NEED TO LOOK AT THE PICTURES, AND IF YOU HAVE ANY QUESTIONS, PLEASE ASK THE QUESTIONS BEFORE YOU BID. ALL COINS AND CURRENCY ARE GUARANTEED TO BE GENUINE. ALL COIN SALES ARE FINAL, AND THERE ARE NO RETURNS. PLEASE ASK ANY & ALL QUESTIONS PRIOR TO BIDDING!
ALL CERTIFIED COINS AND CURRENCY ARE IN THEIR ORIGINAL HOLDERS AND HAVE NOT BEEN TAMPERED WITH. We have purchased thousands of items from several large estates, and will be listing them for months! Lots of signed pieces! Be sure to bookmark " QUIXELLER " for your future enjoyment. Thanks for bidding!
GET A GOOD LOOK AT WHAT YOU ARE BUYING!
THIS 10X LOUPE WILL MAKE EVERYTHING SEEM MUCH CLEARER! JUST $9.95 BUY-IT-NOW!
*The estimated delivery time is based on the seller's handling time, the shipping service selected, and when the seller receives cleared payment. Sellers are not responsible for shipping service transit times. Transit times may vary, particularly during peak periods.
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