Another one of my recent purchases: Reverse: Obverse: What would you grade it at? I don't know the criteria for Canadian Bank Tokens but off-hand I would give it a Fine. It has definitely seen it's fair share of circulation. I think it was a solid purchase at $4.00. Does anybody else have any Canadian Bank Tokens they would like to share photos of? Post them here!
I think I just found out. I was reading the newest issue of The Numismatist and it had an article about the Bank of Montreal and guess what, they had a picture of the bank. Here is a scan of the bank. Apparently it is the bank depicted on the reverse of the token. The building on the left is the old bank depicted on the token. The big building on the right is the new building, built in 1847. Hopefully people would post some more pics of Canadian bank tokens, they are lovely tokens.
Found this info: Bank of Montreal Token 1844 - another common Half Penny token showing the front view of the Bank of Montreal, and commonly known as the "Front View" token. It was issued in two years, 1842 and 1844. The tokens were struck by Boulton and Watt in denominations of penny and halfpenny.
Does any one know if the value of a New Brunswich 1843 1 penny token is listed in Krause or Charlton's? I can't seem to find it.
Charlton hasn't published tokens in the same book with the coins since the days Whitman published the books. But Krause does list them in the 19th Century SCWC. I have the 4th edition on 19th Cent. and the tokens of New Brunswick starts on page 143. The 1843 Penny(KM# 2) has a mintage of 480,000 and Valued in VG, F, VF, XF, MS is (respectively) $3.75, $7.50, $15., $37.50, $165. There is a complete separate book on Colonial Tokens but it is hard to find. I believe there may be a new book coming out soon. Please post some pics of your penny. I was kinda hopeful that this thread would really take off because Canadian Tokens are some of the most beautiful works of art.
May 1, 1843 New Brunswick's first official coins, the Penny and Halfpenny Copper tokens, commence circulation. Before this date prices were quoted in New Brunswick currency, although Spanish, British, or American coins were actually used. New Brunswick -- a token of 1843 and a coin of 1854. The token was struck and circulated even against the explicit orders of the British Government. Still, in accordance with a Parliamentary Act, the province was provided with an almost identical coin eleven years later. The token was struck by Boulton & Watt and the coin by Ralph Heaton. There are many varieties based on the rigging of the ship, which because of the seafaring nature of many of the provinces, was a favored design element. In 1843 the Province of New Brunswick decided to order the minting of penny and halfpenny tokens. "The Colonial Office," Charlton writes, "on being informed of the plan, was displeased and ordered the New Brunswick authoritiesto cease at once from proceeding with the proposed coinage. New Brunswick officials informed the Colonial Office that they had terminated their agreement, but secretly went ahead with their plans anyway. To make a long storyshort, Britain didn't find out about the 1843 New Brunswick halfpenny and penny tokens until much later, in 1854.Under the provisions of the Currency Act of 1852, the government of New Brunswick in June 1853 sought permission to issue a coinage of copper pennies and halfpennies," Charlton writes. After receiving sanction from the proper authorities, the coinage was struck by Heaton & Co. from modified 1843 reverse dies and completely new obverse dies.Charlton goes on to say the "dies were prepared by Leonard Charles Wyon, who used for the obverse head punchof the contemporary English coinage. These head punches were of the attractive young [Victoria] head designed by William Wyon.J.A.Haxby and R.C.Willey, in their book Coins of Canada, write "the word currency was used in placeof token on the reverse. The use of currency indicated the official nature of the issue and also implied Halifax Currency, the standard at the time." Richard W. Bird, in his excellent book Coins of New Brunswick, writes that201 boxes of the copper currency arrived on board the ship John Barbour on December 18, 1854. He goes on to note the Province's new Lieutenant-Governor, John Henry Thomas Manners-Sutton, "issued the Proclamation making the new copper currency legal on January 8, 1855." NEW BRUNSWICK COIN DESIGN 1. C. Obv, Bust of Victoria to left, wearing an open crown. victoria dei gratia regina. 1843." Rev. A frigate with full rigging, but without sails, "new Brunswick, one penny token." 2. C. Obv. Same as No. 1. Rev. do., do. "half-penny." Bronze proofs of these coins are often met with, and are of the highest order of workmanship. 3. C. Obv. Bust of Victoria to the left, filleted, "victoria dei gratia regina 1854." Rev. Frigate as on No. 1. new Brunswick, ONE PENNY CURRENCY." 4. C. Obv. Same as No. 3. Rev. do., do., " half-penny." 5. C. Obv. Bust of Victoria to left, draped and laureated. " victoria d: g: britt: reg : f:d:" Rev. Crowned date 1861 within a wreath, " one cent, new Brunswick." 6. C. Obv. Same as No. 5. Rev. do., do., " half cent." There is also a variety of 5 and 6 bearing date " 1864." 7. C. Obv. Ship in full sail to right. " for public accommo- dation." Rev. " ST. JOHN NEW BRUNSWICK HALF-PENNY token." Edge milled 8. B. Obv. Arms. " depository of arts." Rev, " f. m'der- MOTT, IMPORTER OF ENGLISH, FRENCH & GERMAN FANCY GOODS king bt., snt. john, n. b," Very rare.
