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1837 Hard Times Handbill

Currency:USD Category:Collectibles / Paper Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
1837 Hard Times Handbill
SOLD
150.00USDto 8*************e+ (37.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 18 @ 16:20UTC-7 : PDT/MST
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and...
A handbill from broker Geo. D. Lounsbury of Circleville, Ohio that he is buying "Bank Notes on most all of the old Southern Banks...at their depreciated value. These institutions are all closing up, and those holding bills should hand them in before they become worthless." 6.75" x 7.5" with folds and some separation. This handbill is significant because it is from the Panic of 1837, a national financial depression. Newly elected President Van Buren was given much of the blame even though the contributing factors to the crisis (speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain) predated him. Date: Location: Circleville, Ohio HWAC# 50907