Hard Times Tokens are a form of private money that emerged in the United States during the economic downturn of the late 1830s and early 1840s. Specifically associated with the financial panic of 1837, these tokens were produced by local merchants and private individuals as a response to the scarcity of official currency. The Rulau catalog categorizes these tokens, with many dating back to around 1850. They typically feature various designs, often reflecting social and political themes of the era, and serve as a fascinating historical glimpse into the economic conditions and challenges faced during that period. Collectors highly value these unique tokens for their historical significance and artistry.

Item Denomination Series Year Mint
(1850'S) Ht-161 Ma Ms Other / Varied Hard Times Tokens - Rulau 1850 Unknown