½ Penny (Sloop Token - Commercial Change, Cask) 1821 front ½ Penny (Sloop Token - Commercial Change, Cask) 1821 back
½ Penny (Sloop Token - Commercial Change, Cask) 1821 photo
© Stephen Album Rare Coins

½ Penny Sloop Token - Commercial Change, Cask

1821 year
Copper 6.2 g 27.2 mm
Description
Issuer
Upper Canada (Canadian provinces)
Type
Token
Year
1821
Value
½ Penny (1⁄480)
Currency
Pound
Composition
Copper
Weight
6.2 g
Diameter
27.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#99929
Rarity index
92%

Reverse

Cask marked "UPPER CANADA" with lettering above and date below.

Script: Latin

Lettering:
COMMERCIAL CHANGE
1821

Edge

Reeded

Comment

Weight: 6.0 - 6.5g
Diameter: 27.1 - 27.3mm

The Sloop Tokens appear after 1825, some being openly antedated to evade the law of 1825 against private tokens. The law was openly ignored in Upper Canada, who were secure in their relative isolation from the commercial and political centre of Lower Canada.
At the time, the sloop was the chief means of transportation on the Great Lakes and far more reliable than any form of land transport. Rev. Henry Scadding said this sloop was a portrayal of the packet "Duke of Richmond", owned by a man named Oates.

Interesting fact

One interesting fact about the Token ½ Penny (Sloop Token - Commercial Change, Cask) 1821 from Upper Canada is that it was used as a form of currency in the Canadian provinces during a time when there was a shortage of official currency. The coin was made of copper and weighed 6.2 grams, and it was used to facilitate trade and commerce in the region. Despite its small denomination, the coin played an important role in the local economy and is now considered a valuable collector's item.