Alfred Willard Token

rick67

Bronze Member
Mar 29, 2014
1,612
1,725
Smithtown NY
Detector(s) used
XP, Whites, Garrett,
Lesche, T-Rex, RTG.
Primary Interest:
Metal Detecting
Oldest Token I've found.
20170320_172149.jpg
20170320_172055.jpg 1830's ?
 

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rick67

rick67

Bronze Member
Mar 29, 2014
1,612
1,725
Smithtown NY
Detector(s) used
XP, Whites, Garrett,
Lesche, T-Rex, RTG.
Primary Interest:
Metal Detecting
Thanks Don. It made it from Suffolk Cty, Mass. To Suffolk Cty, Ny.
Didn't know what Hard Times ment or that they had a depression in the 1830's.
[The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame.[1][2] On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value. Despite a brief recovery in 1838, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in some locales. The years 1837 to 1844 were, generally speaking, years of deflation in wages and prices.]

After reading that. It makes you wonder if the (1835) listed was off a couple of years.

Thanks again Don.
 

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