Andrew jackson 7th president biography coins

Hard time tokens Hard-times tokens are large cent-sized copper tokens, struck from about throughserving as unofficial currency. These privately made pieces, comprising merchant, political and satirical pieces, were used during a time of political and financial crisis in the United States. Today, hard-times tokens are collectible and usually very affordable as coins or as political history.

While he won the election, he worked to weaken the bank before the charter expired in Without the Bank of the United States, state banks attempted to fill the paper money gap and issued a large number of bank notes, which fueled inflation. Hoping to halt the inflation and speculation in public lands, Jackson and his Treasury secretary, Levi Woodbury, issued the Specie Circular on July 11, The circular simply stated that as of August 15banks and others who received public money were required to accept only gold and silver coins in payment for public lands.

Instead of the intended results, the circular spelled the end of a time of economic prosperity. The circular set into motion a panic, and the public began hoarding specie. Without specie to pay out, banks and merchants began having financial troubles. It wasn't too long before the effects of Jackson's decision were felt across the nation as banks and businesses failed, and a depression ensued.

By this time, Jackson's vice president, Martin Van Buren, was the elected president in office. The period of economic hardship, the Panic ofduring Van Buren's presidency came to be known as the "Hard Times". Plain edge of the coin. Rulau HT Metal: Copper. Edge: Plain. Alignment: Medal.

Andrew jackson 7th president biography coins

Mint: N. Obverse: Elaborate decorative hairpin within inner circle. Mintage: N. Mintage Years: N. USA Coinage: - Andrew Jackson March 15, — June 08, was an American soldier and statesman who served as the seventh President of the United States from March 4, to March 4, Before being elected to the presidency, Jackson gained fame as a general in the United States Army and served in both houses of Congress.

As andrew jackson 7th president biography coins, Jackson sought to advance the rights of the "common man" against a "corrupt aristocracy" and to preserve the Union. Leading up tothe United States found itself increasingly drawn into international conflict. Formal hostilities with Spain or France never materialized, but tensions with Britain increased for a number of reasons.

Among these was the desire of many Americans for more land, particularly British Canada and Florida, the latter still controlled by Spain, Britain's European ally. On January 10,Jackson led an army of 2, volunteers to New Orleans to defend the region against British and Native American attacks. Lacking adequate provisions, Wilkinson ordered Jackson to halt in Natchez, now part of the Mississippi Territory, and await further orders.

Jackson reluctantly obeyed. On August 30,a group of Muscogee also known as Creek Indians called the Red Sticks, so named for the color of their war paint, perpetrated the Fort Mims massacre. They were allied with Tecumseh, a Shawnee chief who had launched Tecumseh's War against the United States, and who was fighting alongside the British. During the massacre, hundreds of white American settlers and non-Red Stick Creeks were slaughtered.

The resulting conflict became known as the Creek War. The majority of these coins were released into circulation. Proof coins were stored and sold to collectors in rolls and bags. Proofs minted using the most advanced dies and polished to satin smoothness will also not fetch a fortune. That said, this coin can be a nice addition to complete your presidential coin series.

While regular strikes and proofs of the Andrew Jackson coin may bring in less, coins with known errors may be worth more. Edge lettering errors are among the most common in the Presidential coin series. This is because the Mint used specialized equipment to stamp the edge lettering on these commemorative coins. Due to their peculiarity, error coins are more valuable than regular strike coins.

But not all errors are worth money. The Andrew Jackson to coin series has one notable error, i. As the name suggests, this error refers to a coin in which the edge is smooth. These error coins do not have the lettering distinguishing coins minted as part of the Presidential Coin Program. Specifically, missing edge-letting error coins do not have the release date, mint markand the two mottos.

There are only a few known to Andrew Jackson missing edge lettering specimens. Now that you know the value of your coins, do you know where to sell those coins online easily? In that case, the coin could be worth several hundred dollars. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging.

Numista does not buy or sell coins or banknotes. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Discuss or ask a question. The reverse side of the coin showcases the iconic image of the Statue of Liberty. The majestic figure is depicted in a dynamic pose, holding the torch of freedom high, and is surrounded by rays of light.

This design pays homage to the broader theme used on all presidential dollar coins, where the Statue of Liberty serves as a symbol of the enduring principles of liberty and democracy that are foundational to the United States. However, their market value appreciates significantly when in uncirculated condition. A proof Andrew Jackson dollar coin can command a higher worth, approximately reflecting its rarity and pristine state.

Collectors and numismatists often seek out these well-preserved specimens, and their value can increase over time, making them a potentially valuable addition to a coin collection. In the intricate intersection of art, history, and finance, the Andrew Jackson Dollar Coin along with other Presidential dollar coins emerge as a tangible link to the past.

By preserving and honoring historical legacies through currency, we enrich our understanding of the forces that shaped the nation and the individuals who left an indelible mark on its course.