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Re: Question everyone, What Category should a Hard Times Token be in? As a Coin or a Relic

A

Anonymous

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I'll take to first 6 answers to this post, in case of a tie will wait for 3 or more answers.... Thanks goys and dolls....HH.
Philo_NY
 
everyone was hoarding coins before and during the civil war.
The shortage was so bad that the U.S. mint went to making indian head pennies out of bronze to try to stem the hoarding.
At least that is how I understand why some made tokens for distribution to buy and sell.
 
Token were used before and during the civil war but most of the ones we find were used during the depression. They were called hard times or hard luck tokens. They had to be exchanged at the place of issue so in that sense were not money and were not recognized by the government as such so were not coins. A chicken could be exchanged as a means of barter but was not a coin.
I have to go with a class of their own and not coins but if one or the other then they would be a relic of the past.
HH, Cody
 
Some of these <span style="background-color:#ffff00;">coins</span> are objectively rare and highly valued outside the world of numismatics. "Am I not a Woman" is the motto on an Abolitionist token. "Am I not a Man" is its companion piece. Professional Afro-Americans and full- time liberals have bid these up to about $80 in better grade and perhaps over $10,000 in uncirculated. These two are difficult to find in low grade because they have been popular with collectors for over 150 years.
 
found this-Millions for defense NOT ONE CENT for tribute- at my house in back <img src="/metal/html/biggrin.gif" border=0 width=15 height=15 alt=":D">
 
How would you see a silver trade cross or broach? I would probably lean towards relic (as a cross or broach is usually considered that) but the Canadian currency museum has them in their collection.
 
has a donkey on it I think. I did ID it but can't remember.
Poor donkey will be swimmimg in olice oil for years to come.
 
Hard Times tokens issued prior to the Civil War were used as coins for change. Although from private mints they were considered used in general circulation for coinage. As such they are coins.
Hard Times tokens issued during the depression were not used as coins but for trade so are sometimes called trade tokens. There were dramatic changes in laws as to who could mint a coin between the Hard Times tokens in the 1833 to 1844 time frame and the depression in the 1930s.
My post addressed the ones issued during the depression and were not coins in my opinion. The ones prior to the Civil War were coinage issued by private mints. However, if one prefers to call both token types coins then that is how it is.
HH, Cody
 
but I would love to find some trade silver. A friend of mine found a great broach about three years ago. I wasn't too interested in it until I learned of its history and that it was of museum quality. A very rare find in these parts.
 
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