(1853) Token Miller NY-30 Brass James, Clark & Co.

Coin Details

Description

James, Clark & Co. were New York City merchants whose tokens (Miller NY-30 and NY-31) in brass date to 1853. The partnership operated during a period of commercial expansion in New York City, when the completion of the Erie Canal (1825) and the growth of railroad networks had established the city as the nation's undisputed commercial capital. The brass alloy provided this token with a golden luster that differentiated it from common copper cents. Brass tokens were perceived as slightly more valuable than copper issues, making them more likely to be retained by recipients. James, Clark & Co. issued 2 known token varieties. Cataloged as Miller NY-30. American merchant tokens represent an important chapter in the economic history of the United States, documenting the businesses, products, and commercial practices of the 19th century. Tokens of this type are collected both as numismatic objects and as historical documents of 19th century American business.

Rarity Notes

Brass strikings are among the more commonly encountered metal variants for merchant tokens. James, Clark & Co. issued 2 known token varieties.

Cross References

Miller NY-30