Coins and Canada - 1/2 penny 1839 - Banks tokens

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1/2 penny 1839

1/2 penny 1839

Description

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

1/2 penny 1839 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
14 pailings --$640$1,400$2,680$4,170$5,100
15 pailings --$640$1,400$2,680$4,170$5,100
Mule --$870$1,700$2,980$4,140$5,500
Varieties MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67
14 pailings $9,000------
15 pailings $9,000------
Mule $9,000------

Specifications

14 pailings

  • Mintage : 480 000
  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1839
  • Denomination : 1/2 penny
  • Composition: Copper
  • Die axis: ↑↑
  • Weight: 8.8 grams
  • Diameter: 28 mm
  • Edge: Smooth
  • Breton #: 524
  • Charlton #: LC10B2
  • McLachlan #: 115
  • Courteau #: 34
  • Sandham #: 84
  • Haxby-Willey #: 187
  • Batty #: 534
  • Km #: Tn15
  • Raymond #: 23
  • Willey #: 782

15 pailings

  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1839
  • Denomination : 1/2 penny
  • Composition: Copper
  • Die axis: ↑↑
  • Weight: 8.8 grams
  • Diameter: 28 mm
  • Edge: Smooth
  • Breton #: 524
  • Charlton #: LC10B1
  • McLachlan #: 115
  • Courteau #: 33
  • Sandham #: 84
  • Haxby-Willey #: 187
  • Batty #: 533
  • Km #: Tn15
  • Raymond #: 23
  • Willey #: 781

Mule

  • Issuer: Bank of Montreal
  • Mint : Soho Mint
  • Issuing date : 1839
  • Denomination : 1/2 penny
  • Composition: Copper
  • Die axis: ↑↑
  • Weight: 8.8 grams
  • Diameter: 28 mm
  • Edge: Smooth
  • Breton #: 524
  • Charlton #: LC10B3
  • McLachlan #: 115
  • Courteau #: 35
  • Sandham #: 84
  • Haxby-Willey #: 187
  • Km #: Tn15
  • Raymond #: 23
  • Willey #: 783

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

Last update : Monday, July 23, 2018

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