1 Penny / 2 Sous (Bank of Montreal) 1837 front 1 Penny / 2 Sous (Bank of Montreal) 1837 back
1 Penny / 2 Sous (Bank of Montreal) 1837 photo
© Image courtesy of Heritage Auctions

1 Penny / 2 Sous Bank of Montreal

1837 year
Copper 19 g 34.1 mm
Description
Issuer
Lower Canada (Canadian provinces)
Issuing bank
Bank of Montreal
Type
Token
Year
1837
Value
2 Sous = 1 Penny (1⁄240)
Currency
Pound
Composition
Copper
Weight
19 g
Diameter
34.1 mm
Thickness
2.5 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#22505
Rarity index
54%

Reverse

Arms of the City of Montreal with the name of the participating bank on the ribbon.

Script: Latin

Lettering:
BANK TOKEN
CONCORDIA SALUS
BANK OF MONTREAL
1837
ONE PENNY

Edge

Plain

Comment

LC-9D1 Strong (large) ground around feet, left collar below shoulder, No period after CANADA
LC-9D2 Weak (small) ground around feet, left collar at shoulder, period after CANADA
LC-9D2 Weak (small) ground around feet, left collar at shoulder, No period after CANADA

Interesting fact

One interesting fact about the Token 1 Penny / 2 Sous (Bank of Montreal) 1837 from Lower Canada (Canadian provinces) made of Copper weighing 19g 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. This coin was issued by the Bank of Montreal and was accepted as legal tender, despite not being an official government-issued coin. This fact highlights the resourcefulness and adaptability of the people of Lower Canada in the face of economic challenges.

Price

Date Mintage VG F VF XF AU UNC
1837  240000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Penny / 2 Sous (Bank of Montreal) 1837 coin.