½ Penny (Sloop Token - Commercial Change - Tools) 1833 front ½ Penny (Sloop Token - Commercial Change - Tools) 1833 back
½ Penny (Sloop Token - Commercial Change - Tools) 1833 photo
© Mark240590

½ Penny Sloop Token - Commercial Change - Tools

1833 year
Copper 5.4 g 27.7 mm
Description
Issuer
Upper Canada (Canadian provinces)
Type
Token
Year
1833
Value
½ Penny (1⁄480)
Currency
Pound
Composition
Copper
Weight
5.4 g
Diameter
27.7 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#85108
Rarity index
87%

Reverse

Crossed shovels top; hammer, anvil, tongs bottom; saw left; vice right, with legend around and date below.

Script: Latin

Lettering:
COMMERCIAL CHANGE
1833

Edge

Plain

Comment

Weight: 4.9 - 5.8g
Diameter: 27.6 - 27.9mm

Issued by Watkins & Harris, hardware merchants from Toronto.
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 - Tools) 1833 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 5.4 grams, and it featured an image of a sloop, a type of sailboat, on one side and the words "Commercial Change" and "Tools" on the other. This coin was used as a substitute for the official Canadian currency, which was scarce at the time, and it was accepted as legal tender in many parts of the country. This fact highlights the resourcefulness and resilience of the people of Upper Canada, who found a way to adapt and thrive despite the challenges they faced.