A worldwide financial panic fueled by tight credit and the collapse of the real estate boom spread from country to country. Meanwhile, the president promised to veto any legislation he considered inflationary and damaging to the economy.

That’s the way things were 170 years ago for the fledgling Republic of Texas.

“It was eerily similar to today,” said Merrill Lynch vice president James Bevill, who is president of the Texas Numismatic Association.

Money printed by Texas while it was an independent country will be on display in Houston starting Friday at the association’s winter coin and currency show. Read Full Story

Related posts:

1. Young coin collectors learn about money and history
2. First Official War Commands for U.S. Army to Be Auctioned at Early American History Auctions, Inc.
3. Money Talks at the Smithsonian’s National Museum of American History: New Display of Numismatic Rarities
4. Money Talks at the Smithsonian’s National Museum of American History: New Display of Numismatic Rarities
5. First money in human history worth 200,000 euros
6. New Money Museum Exhibit, “A House Divided: Money of the Civil War,” to Open Oct. 9
7. Coins hold history lessons for youth
8. 14 Fundamental Reasons Why You Should Be Investing Your Money . . . In Money
9. 2009 Money Show of the Southwest Educational Seminar DVD’s Now Available
10. 2010 Maynard Sundman/Littleton Coin Company Lecture Series Explores History of Numismatics in New England