Coins and Canada - 1 penny 1839 - Banks tokens

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1 penny 1839

1 penny 1839
Source : Bank of Canada


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


  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1839
  • Denomination : 1 penny
  • Composition : Brass
  • Weight : 18.75 grams
  • Diameter : 34.2 mm
  • Edge : Smooth
  • Km # : Tn17


  1. The value of circulated tokens generally concerns coins with a certain wear due to the circulation. These coins rarely retain their original luster.
  2. The value of a uncirculated tokens generally concerns coins with little wear almost not visible with the eye. These coins generally retain their original luster.
  3. The values displayed on this page are in Canadian dollars.

Last update : Thursday, January 24, 2013

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