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1838 Hard Times Token Mint Drop Bentonian Currency XF

1838 Hard Times Token Mint Drop Bentonian Currency XF

Scarce 1838 Hard Times Token, in Extremely Fine condition, promoting Bentonian Currency.

Coin Highlights:

  • 1838 Hard Times Token promoting "Bentonian Currency."
  • This Currency was hard money as opposed to paper.
  • The supporters of the United States Bank, who favored the issue of government paper for circulation, were constantly ridiculing their opponents in the newspapers of the day.
  • On the other side, Benton, in a letter written from St. Louis, in August, 1837, praised Jackson for accumulating eighty million of hard money in the country - enabling the government to be independent, raising prices for farm products and prophesied good times, etc.
  • This scarce token promotes Benton's views.

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