Cent - Hard Times Token - May Tenth

Features

Location United States
Type Unclassified exonumia › Miscellaneous token
Year 1837
Value 1 Cent (0.01)
Currency Hard Times Tokens
Composition Copper
Shape Round
Technique Milled
Demonetized Yes
Number
N#
121595
References HT# 65
Russell Rulau, Lyman H. Low; 1996. Hard Times Tokens (6th edition). Krause Publications, Iola, Wisconsin, United States.

Obverse

Bust Left

Script: Latin

Lettering: E PLUIBUS UNUM 1837

Reverse

Script: Latin

Lettering: SPECIE PAYMENTS SUSPENDED MAY TENTH 1837

Comments

May Tenth 1837, Low-40, HT-65, R.2, On May 10, 1837, New York City banks suspended payment of specie at full face value for commercial currency, prompting a financial panic that continued until about 1844

See also

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Date VG F VF XF AU UNC
1837  R2

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

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