(1840s) Token HT-381, Cleveland, a. Loomis OH

Coin Details

Description

This token from Cleveland, Ohio is associated with A. Loomis, a merchant documented in the broader HT series with multiple varieties. The 1840s dating places this piece in the post-panic period, when Ohio's economy was recovering from the Hard Times and the state's growing industrial and agricultural sectors were creating new commercial opportunities. Cleveland in the 1840s was a small but rapidly growing city at the terminus of the Ohio & Erie Canal, where goods from the Ohio interior transferred to Lake Erie shipping for transport to Buffalo, New York, and eastern markets. The city's strategic position at the intersection of canal and lake transportation made it a natural commercial hub, and merchants like Loomis served the needs of this growing transportation-centered economy. The Loomis family had an established presence in Ohio commerce during this period, and multiple token varieties bearing the name document their business activities across different years and locations. This Cleveland attribution adds the state's largest city to the Loomis token series, complementing varieties from other Ohio locations.

Rarity Notes

Scarce. A. Loomis merchant token from Cleveland, Ohio.

Cross References

Rulau HT-381