Panic Of 1893: On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until ...

In addition to its scarcity, the 1893-S Morgan dollar has history. The Panic of 1893 led to the repeal of the Sherman Silver Purchase Act and reinforced the gold standard in U.S. money matters.

A recent book chronicling Aspen’s history repeated the mythology that Aspen’s mining industry tanked after the Panic of 1893. I find it important to repeat my annual attempt at ending the myth. There ...

Effects of the Panic of 1893 lingered until 1897. In the state of Washington, 86 banks failed. Throughout the state, women were abandoned by men who had been scratched off payrolls.