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<p>[QUOTE="johnmilton, post: 26747089, member: 101855"]The <b>BIG veto</b> was the one for the recharter of the Bank of the United States. It was sort of the 19th century version of the modern Federal Reserve. </p><p><br /></p><p>The good thing about the bank was that it brought some stability to the paper money system, which was a mess. State chartered and sometimes banks without any charter opened and issued paper money that was, at best, accepted at a discount of its face value, and, at worst, was worthless. The flaw was the bank was a for-profit institution which was expected to earn a profit for its shareholder. </p><p><br /></p><p>The last president was Nickolas Biddle who had a major feud with Jackson. The 1832 presidential election was fought over the bank issue. Jackson was reelected easily. </p><p><br /></p><p>Here is the #1 pro-Jackson Hard Times token. It's listed as #1 in the variety numbers for the major references. This is tough one. I have seen $3,000 asking prices on really yucky examples. </p><p><br /></p><p>[ATTACH=full]1707904[/ATTACH] </p><p><br /></p><p>Samuel Elliot Morrison, in his much admired three volume <u>History of the United States</u>, claimed that the HTT in the OP was origin of the Democratic Party Donkey. I don’t know if that is true. It's been my experience that this is the most common HTT. </p><p><br /></p><p>[ATTACH=full]1707903[/ATTACH] </p><p><br /></p><p>And if immitation is the best form of flattery, this piece was a crude copy of the above token which is issued during the same era. The books say this variety is "common," but that has not been my experience, especially for one this nice. </p><p><br /></p><p>[ATTACH=full]1707898[/ATTACH] </p><p><br /></p><p>Not to get too policital, but Andrew Jackson and Donald Trump were similar. They were very outspoken in their views, and people either loved them or hated them. </p><p><br /></p><p>Both survived assassination attempts. In Jackson's case, the would-be assassin had two pistols. Both of them jammed. I've read that the odds of that were astronomical[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26747089, member: 101855"]The [B]BIG veto[/B] was the one for the recharter of the Bank of the United States. It was sort of the 19th century version of the modern Federal Reserve. The good thing about the bank was that it brought some stability to the paper money system, which was a mess. State chartered and sometimes banks without any charter opened and issued paper money that was, at best, accepted at a discount of its face value, and, at worst, was worthless. The flaw was the bank was a for-profit institution which was expected to earn a profit for its shareholder. The last president was Nickolas Biddle who had a major feud with Jackson. The 1832 presidential election was fought over the bank issue. Jackson was reelected easily. Here is the #1 pro-Jackson Hard Times token. It's listed as #1 in the variety numbers for the major references. This is tough one. I have seen $3,000 asking prices on really yucky examples. [ATTACH=full]1707904[/ATTACH] Samuel Elliot Morrison, in his much admired three volume [U]History of the United States[/U], claimed that the HTT in the OP was origin of the Democratic Party Donkey. I don’t know if that is true. It's been my experience that this is the most common HTT. [ATTACH=full]1707903[/ATTACH] And if immitation is the best form of flattery, this piece was a crude copy of the above token which is issued during the same era. The books say this variety is "common," but that has not been my experience, especially for one this nice. [ATTACH=full]1707898[/ATTACH] Not to get too policital, but Andrew Jackson and Donald Trump were similar. They were very outspoken in their views, and people either loved them or hated them. Both survived assassination attempts. In Jackson's case, the would-be assassin had two pistols. Both of them jammed. I've read that the odds of that were astronomical[/QUOTE]
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