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herbw t1_iw855rx wrote

Morgan's timely and very large loans interventions, are generally creditted with substantially lessening the severity of the 1907 panic & providing solvency andfrecovery. That's why the coinage of 1909, VDB Pennies made them rarer.

IN almost every case, coin rarities from major economic down turns, such as the 1932 penny rarity, were due to economic troubles.

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