Coins and Canada - 1 penny 1838 - Banks tokens

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1 penny 1838

1 penny 1838
Source : Bank of Canada

Description

Exist in copper and brass

These tokens never really were in circulation. Most of them were melted.

During the first half of the l9th century there was a chronic shortage of small coins in Lower Canada. In 1835, following a government decision to remove all the lightweight pieces from circulation, the shortage became acute. No official coins were issued but the Bank of Montreal, the Quebec Bank, the City Bank and La Banque du Peuple were given authority to issue... Read more »

Usefull link : The Copper Tokens of The Bank of Montreal by Eugene G. Courteau - 1919

1 penny 1838 values and prices

The value of a canadian token depends on several factors such as quality and wear, supply and demand, rarity, finish and more.

Slide

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Narrow Tail --$1,570$3,830$5,000$7,300$10,200
Wide Tail --$1,570$3,830$5,000$7,300$10,500
Varieties MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67
Narrow Tail $18,000------
Wide Tail $18,000------

Specifications

Narrow Tail

  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1838
  • Denomination : 1 penny
  • Die axis: ↑↑
  • Weight: 19.5 grams
  • Diameter: 33.8 mm
  • Edge: Smooth
  • Breton #: 523
  • Charlton #: LC11A1
  • McLachlan #: 112
  • Courteau #: 36
  • Sandham #: 81
  • Haxby-Willey #: 188
  • Batty #: 364
  • Raymond #: 20
  • Willey #: 779

Wide Tail

  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1838
  • Denomination : 1 penny
  • Die axis: ↑↑
  • Weight: 19.5 grams
  • Diameter: 33.8 mm
  • Edge: Smooth
  • Breton #: 523
  • Charlton #: LC11A2
  • McLachlan #: 112
  • Courteau #: 37
  • Sandham #: 81
  • Haxby-Willey #: 188
  • Batty #: 364
  • Raymond #: 20
  • Willey #: 780

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The values on this page are in Canadian dollars (CAD).

Last update : Monday, July 23, 2018

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