1 Penny Token (Trade and Navigation) 1838 front 1 Penny Token (Trade and Navigation) 1838 back
1 Penny Token (Trade and Navigation) 1838 photo
© SouthViking (CC BY-SA)

1 Penny Token Trade and Navigation

1838 year
Copper 17.6 g 33.2 mm
Description
Issuer
Nova Scotia (Canadian provinces)
Type
Token
Year
1838
Value
1 Penny (1⁄240)
Currency
Pound (1812-1860)
Composition
Copper
Weight
17.6 g
Diameter
33.2 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#98442
Rarity index
64%

Reverse

Commerce seated left, holding laurel sprig in right hand and a
winged caduceus in the left hand; a ship in the distance. Surrounded by lettering, date below.

Script: Latin

Lettering:
TRADE & NAVIGATION
1838

Edge

Plain

Comment

This token was issued for use in British Guiana (modern Guyana). It was struck over a number of years with varying states of reverse rust spots. It is doubtful that it was imported in quantities. More likely collectors imported the token towards the end of the century.
Penny tokens did circulate in Nova Scotia during and after 1838. Trade between the Province and the West Indies was of grest importance.

Interesting fact

The Token 1 Penny Token (Trade and Navigation) 1838 from Nova Scotia (Canadian provinces) made of Copper weighing 17.6 g is an interesting coin because 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 made of copper and had a unique design, featuring an image of a sailing ship on one side and the value of the coin on the other. It was issued by the government of Nova Scotia in 1838 as a way to address the lack of currency in circulation, and it was accepted as legal tender in the province. This coin is now a rare and valuable collector's item, and it serves as a reminder of the innovative ways in which communities have addressed economic challenges throughout history.

Price

Date Mintage VG F VF XF AU UNC
1838  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Penny Token (Trade and Navigation) 1838 coin.