Dollar Bryan Money; NIT medal

Reverse

Eagle facing left, with wings open

Script: Latin

Lettering:
UNITED STATE OF AMERICA
16 TO 1 NIT

Comment

Several Varieties of this are listed in different metals, diameters and weights.

Variety 1 (720) (Pictured above)

Zinc - Weight 124g

Variety 2 (718) 

Babbitt Metal (White Metal) 89 mm and 125g

On obverse, stars look like rosettes. On reverse, No wreath below Eagle

Variety 3 (718)

Bronzed - 89 mm and 125g

On obverse, stars look like rosettes. On reverse, No wreath below Eagle

Variety 2 and 3  - 300 were made and distributed by W.F. Dunham during his campaign. 200 White metal and 100 Bronzed to look like gold.

Bryan Money is a term used by numismatists to refer to tokens and medals associated with William Jennings Bryan's platform during the United States presidential elections of 1896 and 1900. Bryan's platform advocated for the reinstatement of silver currency in the United States economy as part of the short-lived Silver Republican Party.

In the wake of the panic of 1893 came the dawn of the upcoming presidential campaign. Farm prices collapsed, banks failed, unemployment was at 20%, and the economy was stalled. The money supply was backed by gold. The government could not print more greenbacks without gold backing. The protectionists wanted high tariffs to keep out foreign goods and create jobs in the United States.

https://en.wikipedia.org/wiki/Bryan_Money


16 to 1 refers to the previously proposed exchange rate of 16 ounces of silver for 1 ounce of gold. NIT means "not in trust."

Price

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for Dollar (Bryan Money; NIT medal) 1896 item.