½ Penny Token 1816 front ½ Penny Token 1816 back
½ Penny Token 1816 photo
© Heritage Auctions

½ Penny Token

1816 year
Copper 4.5 g 26.2 mm
Description
Issuer
Nova Scotia (Canadian provinces)
Type
Token
Year
1816
Value
½ Penny (1⁄480)
Currency
Pound (1812-1860)
Composition
Copper
Weight
4.5 g
Diameter
26.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#98445
Rarity index
100%

Reverse

Large "H" surrounded by wreath.

Script: Latin

Lettering: H

Edge

Plain

Comment

This token was moved to Nova Scotia based on the discovery of NS-29. That token certainly confirms the Achor and H as being struck for Halifax, Nova Scotia trade.

Interesting fact

The Token ½ Penny Token 1816 from Nova Scotia (Canadian provinces) made of Copper weighing 4.5 g is an interesting coin because it was used as a substitute for the official British coinage during a time of currency shortage in Nova Scotia. The coin was issued by private companies and individuals and was accepted as legal tender in the province. This coin is a rare example of a token coinage system, which was used in various parts of the world during times of economic hardship.