NJ-20A

12 1/2 cents (One Shilling)

Day & Co., Morristown

1837? (See Wiki "Panic of 1837")

The Panic of 1837 was a financial crisis in the United States that touched off a major depression, which lasted until the mid-1840s. Profits, prices, and wages went down, westward expansion was stalled, unemployment went up, and pessimism abounded.