This is a new one to me, my question is whether this is a coin or a token. I could not find this coin in my Yeoman book, nor on my online database. Do you think there is a Krause number for it?
This should be of use to you @Wizank. https://www.coinsandcanada.com/tokens-medals-banks.php?title=&id=116
Upper Canada is Ontario (Toronto) and Lower Canada is Quebec. These are fairly common as many circulated. Nice token.
The Bank of Upper Canada(Toronto) ordered quite a few of them, so many that there were literally thousands that never were circulated. Shortly there after authorities in what became Canada adopted the decimal dollar system and minted coins beginning in 1858-9. Canada as a nation state didn't exist until 1867 when the Confederation of Canada was formed.
Just picked one of these up as well! ,,,, by chlorinated posted Sep 3, 2021 at 10:07 PM ,,, by chlorinated posted Sep 3, 2021 at 10:07 PM
Based on the pitting on the example in the OP, this may have been in the ground for a while and then “shined up” once found. These tokens exist in both Penny and Half-Penny denominations for years 1850, 1852, 1854, and 1857.
"Toronto" is the bank where the tokens were funded, used and circulated, just like the Lower Canada tokens were Bank of "Montreal".