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<p>[QUOTE="BRandM, post: 2131055, member: 22729"]This is a Hard Times Token, Idhair. These private issues, along with political and satirical pieces, were issued to fill the need for small change during the Bank Panic of 1837. </p><p><br /></p><p>The Hard Times era stretched roughly from 1833 to 1844 and saw great upheaval in the banking system. As usual during financial crisis, small change is hoarded and a substitute must be found so business can continue. These are the equivalent of Civil War tokens of the 1860s.</p><p><br /></p><p>Congress Hall was a hotel in Saratoga Springs, NY. It was built in 1811 and had a number of proprietors over the years. William R. Brown was one of them. The hotel was destroyed by fire in 1866.</p><p><br /></p><p>Hard Times tokens are actively collected which means there is some value to your token. I'm not sure what it would sell for if you decided to let it go, but you could check ebay and other auction sites to see what similiar examples went for. Nice token! Thanks for showing it.</p><p><br /></p><p>Bruce[/QUOTE]</p><p><br /></p>
[QUOTE="BRandM, post: 2131055, member: 22729"]This is a Hard Times Token, Idhair. These private issues, along with political and satirical pieces, were issued to fill the need for small change during the Bank Panic of 1837. The Hard Times era stretched roughly from 1833 to 1844 and saw great upheaval in the banking system. As usual during financial crisis, small change is hoarded and a substitute must be found so business can continue. These are the equivalent of Civil War tokens of the 1860s. Congress Hall was a hotel in Saratoga Springs, NY. It was built in 1811 and had a number of proprietors over the years. William R. Brown was one of them. The hotel was destroyed by fire in 1866. Hard Times tokens are actively collected which means there is some value to your token. I'm not sure what it would sell for if you decided to let it go, but you could check ebay and other auction sites to see what similiar examples went for. Nice token! Thanks for showing it. Bruce[/QUOTE]
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