Obverse: a tortoise carring on top of its shell a banded strongbox labeled SUB TREASURY, 1837 and FISCAL AGENT in field below, EXECUTIVE FINANCIERING around top and bottom.
Reverse: a donkey running left, I FOLLOW IN THE above, STEPS underneath, OF MY below, ILLUSTRIOUS PREDECESSOR around top and bottom.
Sharply struck – nearly uncirculated. Plain edge. Coin turn.
Interesting Facts: “Executive Financing” was a dig at Andrew Jackson’s earlier pursuit against the Bank of the United States. By 1837, the Bank was defunct and the money moved to state banks.
The phrase “Illustrious Predecessor” has two potential sources: Jackson’s First Inaugural address (March 4, 1829) or Van Buren’s Inaugural address (March 4, 1837) where he rode in an open carriage with outgoing President Jackson. Read both speeches and you decide…