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<p>[QUOTE="johnmilton, post: 24615412, member: 101855"]If it's listed in the HTT book, it does. It's been listed for many years. </p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>[ATTACH=full]1564907[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 24615412, member: 101855"]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. [ATTACH=full]1564907[/ATTACH][/QUOTE]
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