My latest collecting interest is Bryan Money and other related tokens and medals covering the politics in the wake of the "Crime of 1873." Congress demonetized silver indirectly by eliminating the silver dollar coin and making the gold dollar the nation's standard unit of value. The specifications for minor silver coinage was set in the statutes. A five year depression followed and silver interests urged a return to bimetallism. The 1878 Bland-Allison Act called for expanding silver coinage, but did not restore silver to the same status as gold. Economic problems followed again in 1884 and the 1890 Sherman Silver Purchase Act again failed to restore silver to the same status as gold. More deflation followed as well as the Panic of 1893. Bryan called for the free coinage of silver and gold at the ratio of 16 to 1. The ratio goes back to the founding of the nation and the establishment of the first US coins. The 1794 to 1803 silver dollars carried the edge inscription, HUNDRED CENTS ONE DOLLAR OR UNIT. Of course the ratio of the value of silver to gold changed over time. Free coinage of silver according to the Republican Party meant one could could take 53 cents of silver to the mint and get a dollar in exchange. It was okay for the government to make that profit because the guaranteed the silver with gold, but it was not okay for silver interest to make that profit. Okay, that is an over simplification of the political battles, but it sets the general stage for the political pieces. William Jennings Bryan ran for president on the Democratic ticket in 1896 and 1900 calling for the free coinage of silver at the ratio of 16 to 1.
Most of the satirical pieces noted the size that a silver dollar would have to be if it were minted at a ratio that reflected its actual value in relation to gold. Most pieces are "dollars" or dimes ("One Dam"). Some are struck in good silver, most are cast to various blends of pot metal, often the spent type from printing, hence the term "type metal."
The first piece here was produced by L. H. Moise in San Francisco. I collect tokens and medals produced by Moise, so it is naturally the first piece for this thread.
Zerbe and Schornstein refers to the two standard catalogs for the series. There is not much difference between the two except that Zerbe's appeared in a 1926 issue of the Numismatist and leter reprints had become hard to find. The Schornstein book was published by the Token and Medal Society in 2001, has better images, is readily available, but otherwise does not add much new to what Zerbe originally published.