© Heritage Auctions
© Heritage Auctions
1 Penny / 2 Sous Montréal - Mule : City Bank
1837 year| Copper | 19 g | 34.1 mm |
| Issuer | Lower Canada (Canadian provinces) |
|---|---|
| Type | Token |
| Year | 1837 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound |
| Composition | Copper |
| Weight | 19 g |
| Diameter | 34.1 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#29104 |
|---|---|
| Rarity index | 92% |
Reverse
The façade of the Bank of Montreal.
Lettering:
·PROVINCE OF CANADA·
BANK OF MONTREAL
Edge
Plain
Interesting fact
One interesting fact about the Token 1 Penny / 2 Sous (Montréal - Mule : City Bank) 1837 from Lower Canada (Canadian provinces) made of Copper weighing 19 g is that it was used as a form of currency in the Canadian provinces, specifically in Montreal, during a time when there was a shortage of official currency. This coin was issued by the City Bank of Montreal and was accepted as legal tender in the city. Despite being made of copper, which is a relatively inexpensive metal, the coin was still valued at 1 penny or 2 sous, indicating the high value that people placed on currency during this time period. Additionally, the fact that it was issued by a private bank and not a government entity speaks to the resourcefulness and resilience of the people of Montreal during a time of economic hardship.
