Lot #11. Undated (1837) Hard Times Token. Merchants Exchange. HT-294, L-98. Rarity-1. MS-65 BN (NGC).
The February 2008 Baltimore Auction - 3/1/2008
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Every bit the Gem, this lovely example is overall smooth with no bothersome carbon. Glossy-brown patina envelops the obverse, while the reverse possesses blended medium-brown and orange-brown toning. The central obverse is a bit lightly struck--an attribute that does not prevent us from describing this as an extremely attractive representative of the type.