© PCGS
© PCGS
1 Penny Token Side View - Bank of Montreal
| Brass | 19.5 g | 33.8 mm |
| Issuer | Lower Canada (Canadian provinces) |
|---|---|
| Issuing bank | Bank of Montreal |
| Type | Token |
| Years | 1838-1839 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound |
| Composition | Brass |
| Weight | 19.5 g |
| Diameter | 33.8 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#99300 |
|---|---|
| Rarity index | 97% |
Reverse
Arms of the City of Montreal with Bank of Montreal on the ribbon.
Lettering:
BANK TOKEN
CONCORDIA SALUS
BANK OF MONTREAL
ONE PENNY
Edge
Plain
Comment
Weight: 19.2 - 19.8gLC-11A1 Narrow tail beaver touches "M" of MONTREAL
LC-11A2 Wide tail beaver points to left foot of "M" of MONTREAL
LC-11B 13 palings, Bank of Montreal on ribbon
LC-11C 13 palings, Banque du Peuple on ribbon (Br# 525)
LC-11C Fewer than 8 examples known today. Proofs exist.
Interesting fact
One interesting fact about the Token 1 Penny Token (Side View - Bank of Montreal) 1838-1839 from Lower Canada (Canadian provinces) made of Brass weighing 19.5g is that it was used as a form of currency during a time when there was a shortage of official currency in the region. The token was issued by the Bank of Montreal and was accepted as legal tender, allowing people to continue to conduct transactions and trade goods despite the lack of official currency. This token is a unique piece of Canadian history and a testament to the resourcefulness and resilience of the people of Lower Canada during a time of economic challenge.