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Coins, Currency & American History

Ep. 14 – Scarce Specie and the Panic of 1837

Apr 03, 2026 Season 1 Episode 14

Littleton Coin Company

Economic stability depends on confidence. And in the early nineteenth century, confidence rested on metal. Gold and silver were trusted. Paper was tolerable as long as it could be redeemed. When confidence faltered, the American financial system strained under the weight of redemption demands. The Panic of 1837 revealed just how fragile this balance could be…

Presented by Littleton Coin Company. Visit us online at: https://www.LittletonCoin.com

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