Tuesday, April 1, 2014

Collection - 1837 Merchants Exchange/Millions for Defence HT-293

Note:  Everything is in a safe deposit box.  I keep nothing in my home. 

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This is one of the many, many "Hard Times" tokens that circulated as money after the Panic of 1837. It's a fairly common piece, running $25 or so (2014).   The building is the Merchants Exchange Building, which, having been constructed of marble, surprised folks when it burned down in 1835.

The "millions for defence" was a popular slogan, and apparently spelling that with a "C" was acceptable then.  See Coin Stories for a discussion of its origin.

HT-293 Not certified
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