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Online Auction Description
1837 #2 Executive Experiment Hard Times Token. 28mm. Copper. This rare antique Hard Times token from 1837 was created during the United States presidency of Martin Van Buren. The obverse of the token features a tortoise with strongbox on its back facing right (inscribed "Sub Treasury"), EXECUTIVE EXPERIMENT surrounds, and 1837 FISCAL AGENT reads below tortoise. The reverse of the token features a Donkey running left, above I FOLLOW IN THE STEPS OF MY ILLUSTRIOUS PREDECESSOR surrounds. Comes in a 2x2 coin holder.
TOKEN CONTAINS 10.6 GRAMS OF COPPER
29 MM IN DIAMETER
PRIVATELY MADE PIECES SUCH AS THIS WERE USED
DURING A TIME OF POLITICAL AND FINANCIAL CRISIS BROUGHT ABOUT BY THE
FINANCIAL PANIC OF 1837
DURING JACKSON'S PRESIDENCY, HE CALLED FOR THE ABOLITION OF THE SECOND BANK OF THE UNITED STATES BEFORE ITS CHARTER EXPIRED
WITHOUT THE NATIONAL BANK, STATE BANKS ISSUED LARGE NUMBERS OF NOTES AND FUELED INFLATION
OVER SPECULATION BY INVESTORS AND INFLATION CAUSED A FINANCIAL CRISIS
WHEN MARTIN VAN BUREN CAME INTO OFFICE THE ECONOMIC HARDSHIP WAS CALLED "HARD TIMES"
WE WOULD HIGHLY PREFER CHECK OR POSTAL MONEY ORDER! When paying by check/Postal Money Order you may deduct 3% from your total bill (NOT INCLUDING SHIPPING). PAYPAL AS A LAST RESORT - BUT THERE IS NO DISCOUNT BY USING PAYPAL.) Please send check Postal or Other Money Orders to: Anthony Arnold, P.O. Box 1634, Bushnell, Fl. 33513. Last resort is paypal: firstname.lastname@example.org . All international orders use paypal. We combine all shipping. For all International orders, $23 Registered up to 8 OZ.
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