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The circumstances behind the design and manufacture of this commemorative token in the Chicago Historical Society's collection are unknown, though it appears to have been produced in 1887, presumably by someone who believed there would be customers for Haymarket souvenirs in an age in which such items were quite popular.
The obverse features a vivid representation of the bomb at the moment of truth encircled by the words "Anarchist Bomb Exploded May 4, 1886." On the reverse is written "Souvenir Haymarket Massacre Chicago." The manufacturer took care to add the word "Copyrighted."