1 Penny - Bank of Upper Canada 1850-1857 front 1 Penny - Bank of Upper Canada 1850-1857 back
1 Penny - Bank of Upper Canada 1850-1857 photo
© SirHarry3 (CC0)

1 Penny - Bank of Upper Canada

 
Copper 15.5 g 33.4 mm
Description
Issuer
United Province of Canada (Canadian provinces)
Queen
Victoria (1841-1867)
Type
Token
Years
1850-1857
Value
1 Penny (1⁄240)
Currency
Pound (1841-1858)
Composition
Copper
Weight
15.5 g
Diameter
33.4 mm
Thickness
3 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#1121
Rarity index
11%

Reverse

Part of the Upper Canadian Coat-of-Arms above value.

Script: Latin

Lettering:
BANK TOKEN
ONE • PENNY

Engraver: John Pinches

Designer: Benedetto Pistrucci

Edge

Plain

Comment

Weight: 15.6 - 15.8g
Diameter: 33.0 - 33.3mm
PC-6A1 Without dot between tips of cornucopia's
PC-6A2 With dot between tips of cornucopia's

Weight: 15.5 - 15.8g
Diameter: 33.1 - 33.3mm
PC-6B1 Small "2", Royal Mint, Medal axis.
PC-6B2 Large "2", Royal Mint, Medal axis.
PC-6B3 Wide "2", Royal Mint, Medal axis.
PC-6B4 Narrow "2", Heaton Mint, Coin axis.
PC-6B5 Large "2", Heaton Mint, Coin axis.

Weight: 15.8 - 16.0g
Diameter: 33.1 - 33.4mm
PC-6C1 Plain "4", Coin axis
PC-6C2 Crosslet "4", Coin axis.

Weight" 15.8 - 16.0g
Diameter: 33.1 - 33.3mm
PC-6D Date 1857, Coin axis

Proofs exist of PC-6B, 6C, and 6D.
Chinese copies of PC-6A1 exist.

Based on Benedetto Pistrucci's British coin design.
Initials 'R.K. & Co.' agent's mark of Rowe, Kentish, & Co. (below the dragon), which is the agent that the Bank of Upper Canada used to place their orders.

Interesting fact

One interesting fact about the Token 1 Penny - Bank of Upper Canada 1850-1857 from United Province of Canada (Canadian provinces) made of Copper weighing 15.5g is that it was used as a form of currency during a time when there was a shortage of official currency in Canada. The coin was issued by the Bank of Upper Canada and was accepted as legal tender, despite not being officially sanctioned by the government. This fact highlights the resourcefulness and adaptability of the people of Canada during a time of economic challenge.

Price

Date Mintage VG F VF XF AU UNC
1850  750000 - - - - - -
1852  750000 - - - - - -
1854  750000 - - - - - -
1857  1500000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Penny - Bank of Upper Canada 1850-1857 coin.