William Jennings Bryan

The U.S. Trade Dollar: An Accessory to the ‘Crime of 1873.’

Sometimes, it takes a while for people to get outraged about a law.

Maybe it’s all of the legalese — for instance, it is not the case that double negatives are unacceptable in drafting legal documents.

Maybe it’s the arcane parliamentary procedure that only C-SPAN junkies have the wherewithal to comprehend or stomach. Heck, even C-SPAN gets bored during quorum calls and starts playing background music.

Or maybe it’s not always apparent what a law’s effects will be until it’s been in effect for a few years.

That was the case with the Coinage Act of 1873 (also known as the Fourth Coinage Act). A few years after its enactment, the law would become known as the “Crime of 1873” and helped spawn a powerful political movement that influenced multiple presidential elections.

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The Silver (Gold, Copper and Nickel) Screen: Coin Collecting and Pop Culture

Numismatics have long been an important trope in pop culture, and it’s not hard to see why.

For one thing, coins can be worth a lot of money, making them a good plot device for heist movies, crime dramas and treasure hunts.

For another, they can serve as historical documents, adding credibility to period pieces or providing a glimpse into yesteryear from the present.

And of course, they look good on screen, giving the actors, to say nothing of the audience, something striking to look at.

These are just a few of the many movies, TV shows and plays in which numismatics play an important role.

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One Man’s Crusade: The Twenty Cent Coin

One theme that’s been well-covered here on the blog has been the ability of influential politicians to get bills passed authorizing various types of coins. Whether it’s for fiscal reasons, to commemorate important people in American history, or because someone really, really liked a particular design, politicians have been able to get all sorts of coins authorized, minted and circulated.

There’s also plain old self-interest.

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The Great Compromiser: Henry Clay Tokens (UPDATED)

It may not be in vogue anymore, but there have been several well-respected figures in American history who have lost a Presidential election as a major party nominee, only to come back and win the White House. Thomas Jefferson lost a razor-thin contest in 1796 and won four years later. Andrew Jackson prevailed in 1828, four years after he lost in a contingent election before the House of Representatives. Grover Cleveland attained his status as a trivia question by serving his two nonconsecutive terms between a losing effort in 1888. Heck, I wrote an entire book about how Richard Nixon survived losing the 1960 race to JFK only to prevail in 1968.

Of course, not everyone managed to pull off successful comebacks. Democrats nominated William Jennings Bryan in 1896, 1900, and 1908 and he lost all three times. Democrats also trotted out Adlai Stevenson twice, losing two lopsided contests to Dwight D. Eisenhower in 1952 and 1956. Republican Thomas Dewey looked set to win in 1948, four years after he lost to FDR, only to famously not defeat Harry Truman. And, during the days when Presidential elections were more regional in nature, men like Charles Pinckney, George Clinton, John Jay, Rufus King and others found themselves on the short end of multiple general election ballots, although their level of interest or involvement varied.

Then there’s Henry Clay.

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The U.S. Trade Dollar: An Accessory to the ‘Crime of 1873.’

The Silver (Gold, Copper and Nickel) Screen: Coin Collecting and Pop Culture

One Man’s Crusade: The Twenty Cent Coin

The Great Compromiser: Henry Clay Tokens (UPDATED)