Hard Times token: Robert B. Ruggles Gold Beater

Hard Times token: Robert B. Ruggles Gold Beater
Title
Hard Times token: Robert B. Ruggles Gold Beater
Date 
1832-1835
Medium 
Metal
Dimensions 
Overall: 1 1/8 in. ( 2.9 cm )
Description 
Token; metal; depiction of an arm and hammer on obverse; obverse "ROBERT B. RUGGLES GOLD BEATER / 225 CANAL / STT. / NEW-YORK" reverse "GOLD & SILVER LEAF, GOLF & SILVER BRONZE. / DENTISTS GOLD / AND TIN FOIL, / WHOLESALE / AND RETAIL."
Object Number 
1393e
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