1837 Hard Times Token – "Executive Experiment" Political Satire 
- Sold Winning Bid: $51.99
- 27 Bid(s) View Bid History
- High Bidder: NMPecan
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1837 Hard Times Token – "Executive Experiment" Political Satire
An original 1837 Hard Times Token, this piece is a fascinating relic of American history. Featuring biting political satire, it critiques President Andrew Jackson’s controversial economic policies, particularly his dismantling of the Second Bank of the United States. On the obverse, a turtle is depicted carrying a chest labeled "Experiment," with the inscription "Executive Experiment," symbolizing the slow-moving and damaging effects of Jackson’s fiscal reforms. The reverse shows an ox and the words "Illustrious Predecessor," a critique aimed at Jackson’s successor, Martin Van Buren, and his failure to address the ensuing economic chaos.
- Diameter: Approximately 28mm
- Material: Copper alloy
- Inscription Details: Clear engravings on both sides, with rich historical imagery.
Condition:
This token is in good circulated condition, with natural patina that attests to its age. Despite wear consistent with circulation, the satirical imagery and inscriptions remain legible, preserving the token’s charm and historical significance.
Historical Background:
The Hard Times Token series was privately minted during the economic depression triggered by Jackson’s economic policies. These tokens were used as both currency and a form of political protest during a time when official coinage was scarce. The "Executive Experiment" token is one of the most iconic designs, encapsulating the public’s discontent with Jackson’s "Specie Circular" and the broader financial policies that contributed to the Panic of 1837. These tokens served as a unique intersection of monetary necessity and political resistance, making them indispensable for collectors and historians alike.
This token’s rich history and sharp political commentary make it an exceptional addition to any collection of 19th-century Americana, numismatics, or political memorabilia. Its relevance extends beyond numismatics, offering a tangible connection to a critical era in American history, one defined by political resistance and economic reform.
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