Hard Times token: Union Steam Washing, N.Y. 1837

Hard Times token: Union Steam Washing, N.Y. 1837
Hard Times token: Union Steam Washing, N.Y. 1837
Object name 
Hard Times token: Union Steam Washing, N.Y. 1837
Date 
1837
Medium 
Copper
Dimensions 
Overall: 1 1/8 in. ( 2.9 cm )
Description 
Token; copper; center of reverse is illegible; depiction of Lady Liberty, surrounded by a ring of stars, on obverse; obverse "E PLURIBUS UNUM / 1837" reverse "J.H. DAYTON'S UNION STEAM WASHING EST / 17TH ST NEAR 5TH AVENUE / WASHING / (illegible) / HOTELS & / PRIVATE FAMILIES"
Object Number 
INV.13763
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.