Finding ways to get people to accept your token instead of a real coin

The Panic of 1837 got the Hard Times token series started. This HTT, which Lyman Low called #21. This thought to be one of the earliest Hard Times tokens.



The goal was to make it interchangeable with this while avoiding counterfeiting charges.

 

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I've honestly just started in on H/T tokens... (not a surprising expansion on LCs lol) The one you post above was the 1st I aquired or at least one very very similar
(made me go look it up lol) Mines a Low #45 or a N# 121508

 

The Early American Coppers (EAC) club picked up on that many years ago and added the Hard Times tokens to the pieces their members study and collect.

 

A recent interest of mine as well.
Here's a store care currently en route to me:



Does this count? It was apparently issued two years before yours.

 

If it's listed in the HTT book, it does. It's been listed for many years.

I collect mostly the political pieces. This is perhaps the most common HTT. Some think that it is the source of the Democratic Party donkey. It is listed as Low 51 or HT 70 in the newer book.

The story was Harvard alums, like John Quincy Adams, were incensed when the school awarded an honorary Doctor of Law degree to Andrew Jackson. According Adams, Jackson was ignorant that he could barely spell his name. This led to the jackass image (a bad pun on Jackson't name) with the "LLD" on its belly.

The obverse satirizes the idea of the military and the treasury mixed together. Jackson moved the governments deposits from The Bank of the United States to his "pet banks." That didn't work out very well since some of the banks went broke and lost the government's money. The ultimate solution was the sub treasury system which existed until the Federal Reserve took over the government's banking functions.

 

I have this one. Cleaned at some point but I enjoy having it.