Museum Collections
Luce Center
Hard Times token: Smith's Clock Establishment, 1837
Object name
Hard Times token: Smith's Clock Establishment, 1837
Date
1837
Medium
Copper
Dimensions
Overall: 1 1/8 in. ( 2.9 cm )
Description
Token; copper; depiction of a clock with Roman numerals, with the time reading 10:14, on obverse; obverse "TIME / IS / MONEY" reverse "SMITHS / CLOCK / ESTABLISHMENT / No 7 1/2 / BOWERY / NEW YORK / 1837"
Object Number
INV.13769
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.





