Museum Collections
Luce Center
Hard Times token
Object Number:
Z.3102b
Date:
1837
Medium:
Copper
Dimensions:
Overall: 1 1/8 in. ( 2.9 cm )
Description:
Token; copper; depiction of shoes and boots on obverse, ring of garland on reverse; obverse "ABRAHAM RIKER / No 131 / DIVISION ST / NEW YORK" reverse "MILLIONS FOR DEFENCE / NOT / ONE / CENT / FOR TRIBUTE"
Gallery Label:
In 1837 and again in 1857, financial crises caused loss of confidence in paper money and widespread redemption of currency in coin. Banks were soon forced to suspend specie payments, and tokens and fractional notes had to serve as smaller change.
Due to ongoing research, information about this object is subject to change.