JL Hudson's Credit Token, 1919
date: label: date made
content: 1919
notes: label: Description
content: Consumer credit expanded in the 1920s, promoting a credit revolution. Stores like J.L. Hudson of Detroit, Michigan issued credit to favored customers, expecting full payment at the end of the month. Before the advent of magnetic stripe plastic credit cards, these metal coins identified the customer that had credit at the store (the reverse has a customer ID number).
label: Description
content: Joseph Lowthian Hudson founded the chain of Hudson’s department stores in Detroit, Michigan in 1881. As Detroit grew, Hudson’s moved to its flagship location on 1206 Woodward Avenue in 1911. This location was 25 stories tall and grew to the size of the city block. The department store expanded to other locations and in 1969 was acquired by the Minneapolis based Dayton department store forming the Dayton-Hudson Corporation. In 2000 Dayton-Hudson changed its name to that of its discount retail division – Target. Later the department store division was renamed Marshall Field’s which was then sold to Macy’s in 2006.
setName: label: See more items in
content: Work and Industry: Retail and Marketing
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content: Industry & Manufacturing
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content: American Enterprise
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content: Coins, Currency and Medals
label: Exhibition
content: American Enterprise
label: Exhibition Location
content: National Museum of American History
publisher: label: Related Publication
content: Sewer, Andy; Allison, David; Liebhold, Peter; Davis, Nancy; Franz, Kathleen G.. American Enterprise: A History of Business in America
creditLine: label: Credit Line
content: Gift of Target Corporation
dataSource: label: Data Source
content: National Museum of American History
identifier: label: ID Number
content: 2014.0062.05
label: accession number
content: 2014.0062
label: catalog number
content: 2014.0062.05
objectType: label: Object Name
content: coin
physicalDescription: label: Physical Description
content: metal (overall material)
label: Measurements
content: overall: 15/16 in x 1 1/2 in x 1/16 in; 2.38125 cm x 3.81 cm x .15875 cm