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Stephen Album Rare Coins
Online Auction 8  1 Mar 2021
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Lot 569

Starting price: 70 USD
Price realized: 95 USD
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UNITED STATES: AE token, ND (1833), HT-70, PCGS graded AU58, Andrew Jackson popping out of a chest holding a money bag and a sword, I TAKE THE RESPONSIBILITY // donkey with label "LLD." across side, THE CONSTITUTION AS I UNDERSTAND IT / ROMAN FIRMNESS / VETO around. This "hard times token" mocked President Andrew Jackson for his economic policies. The obverse depicts President Andrew Jackson inside an empty chest - which alludes to his looting of the Treasury. The reverse depicts President Jackson through the imagery of a donkey with an LL.D. on its side - which is a mockery of Jackson's honorary law degree received from Harvard in 1833, strongly disapproved of by alumnus John Quincy Adams; the Veto beneath the donkey is a reference to his stance against any legislation in favor of the Second Bank. This token was made by the Scovill Manufacturing Company of Waterbury, Connecticut.

Estimate: 75-95 USD
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