Hard Times token: City Coal Yard Providence, R.I. 1833

Object Number: 
INV.13751
Date: 
1833
Medium: 
Copper
Dimensions: 
Overall: 1 1/8 in. ( 2.9 cm )
Description: 
Token; copper; depiction of a fire fender on obverse; obverse "CITY COAL YARD / PROVIDENCE, R.I." reverse "EPHRAIM A. HATHAWAY / ANTHRACITE / BITUMINOUS / COAL / 1833"
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.
Creative: Tronvig Group