SOLD
30.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Jan 27 @ 01:45UTC-5 : EST/CDT
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1835 Merchants Exchange Not One Cent . Hard Times Token 1c Grades xf+. Hard Times tokens are privately issued mostly copper large cent sized tokens that were produced from 1833 to 1844. Hard Times Token "Millions for Defence / Not One Cent for Tribute" Merchants Exchange of Wall Street New York "Built 1827, Burnt 1835". The original Merchant's Exchange was located at Wall and William Streets in Manhattan, New York from 1827 until it burned in the fire of 1835. Isaiah Roger's Merchant's Exchange was built on the same site in 1842. The period of economic hardship during Van Buren's presidency (the Panic of 1837) came to be known as the "Hard Times". With America in a deep recession, people began hoarding coins as a safeguard, and small change disappeared from the marketplace. In response, merchants began buying tokens from private mints so they could make change in business transactions. They were made of copper with a reverse similar to legal U.S. cents. It is a rare piece of American history, and a true prize for collectors.
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Previewing Details:
Online Only event. Preview is available from the time the catalog goes online until the lot goes live in the ring.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
Additional Fees:
Shipping Details:
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