½ Penny (Sloop Token - To Facilitate Trade) 1823-1833 front ½ Penny (Sloop Token - To Facilitate Trade) 1823-1833 back
½ Penny (Sloop Token - To Facilitate Trade) 1823-1833 photo
© Mark240590

½ Penny Sloop Token - To Facilitate Trade

 
Copper 6.5 g 27.4 mm
Description
Issuer
Upper Canada (Canadian provinces)
Type
Token
Years
1823-1833
Value
½ Penny (1⁄480)
Currency
Pound
Composition
Copper
Weight
6.5 g
Diameter
27.4 mm
Thickness
1 mm
Shape
Round
Technique
Milled
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#42341
Rarity index
51%

Reverse

Plough facing right.

Script: Latin

Lettering:
TO FACILITATE TRADE
1823

Edge

Reeded and plain

Comment

Diameter: 27.2 - 27.6mm

UC-12A1 - Bowsprit points between "DA" of CANADA, Medal axis, reeded edge.

UC-12A1a - Bowsprit points between "DA" of CANADA, Medal axis, plain edge.
UC-12A2 - Bowsprit points above the final "A", Coin axis.
UC-12B1 - Bowsprit points between 'DA" of CANADA, Medal axis.
UC-12B2 - Bowsprit points above final "A", Coin axis.

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 - To Facilitate Trade) 1823-1833 from Upper Canada is that it was designed to address a shortage of small change in the province. The coin was minted in copper and had a unique design featuring a sloop, a type of sailboat, on one side and the value "1/2 PENNY" on the other. The coin was used widely in trade and commerce in Upper Canada and is now considered a rare and valuable collector's item.

Price

Date Mintage VG F VF XF AU UNC
1833  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for ½ Penny (Sloop Token - To Facilitate Trade) 1823-1833 coin.