Badge promoting Free Silver and William Jennings Bryan for president (?), 1896. Nickle.
On a shield-shaped planchet, the legend, 16-TO-1/ MONARCH/ J.B.P. Safety pin soldered as clasp, rev.
The slogan "16 to 1" clearly identifies this with the Free Silver movement espoused by Bryan and other populists, but we have no idea what the rest signifies. We have never seen another, so if the purchaser can decipher what it means, he or she will have made an excellent investment.
Choice and certainly very rare.