Undated (1832) Andrew Jackson. HT-1, Low-1, W-09-10a, DeWitt-AJACK 1832-1. Rarity-6. Copper. Reeded Edge. VF-35 (PCGS).
27 mm. A choice piece except for a small flan crack (as made) at 2 o'clock relative to the obverse. Lightly struck on Jackson's head and in the opposing area on the reverse, yet bold otherwise and with handsome golden-brown patina to both sides. The cataloger of the example in the our (Stack's) Dice-Hicks Collection sale, July 2008, offered the following historical commentary: Low-1 in its several varieties heralds the Hard Times token series and is probably the reason that the year 1832, the putative date of issue, was selected. This token is generally associated with Jackson's political campaign of that year. Once Jackson achieved victory, it was a no holds barred 'war' against the Bank of the United States, a scenario played out on later varieties of Hard Times tokens as well. The die varieties of Low-1 were discussed by Carl Wurtzbach in The Numismatist, March 1910, the so-called Small Head, Aged Head, and Scowling Head. Wesley A. Cox has shown by die link evidence that these issues were created by the shop of Wright & Bale, not, as has sometimes been thought, by Robert Lovett, Sr.
From our (Bowers and Ruddy's) sale of the Roy Harte Collection, Part II, March 1981, lot 1097. Lot tag included.
Price realized | 6'500 USD |
Starting price | 1 USD |
Estimate | 3'000 USD |