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1861 New Brunswick 1/2 Cent - Authenticity? Grade?

 
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 Posted 04/03/2020  11:27 am Show Profile   Check Wade's eBay Listings Bookmark this topic Add Wade to your friends list Get a Link to this Message
I picked this up for a reasonable price (hence my minor concerns regarding authenticity),

With only 220,000 minted and all but several hundred melted (according to the Bank of Canada Museum) it's a pretty key coin for both token and decimal collectors alike

Comments & grade opinions welcomed

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United States
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 Posted 04/03/2020  12:16 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Looks real and is a pretty common coin ... not a lot of NB collectors.
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Canada
389 Posts
 Posted 04/03/2020  12:30 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
VF-35, looks good to me.
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 Posted 04/03/2020  12:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll say EF-40 (Sheldon).
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Canada
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 Posted 04/03/2020  1:17 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
That's a real nice one, could be AU in hand but, at least EF45
True North
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Canada
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 Posted 04/21/2020  12:35 am  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
Very nice coin , love victorias portrait on this coin, ef
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Canada
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 Posted 04/24/2020  9:03 pm  Show Profile   Check Wade's eBay Listings Bookmark this reply Add Wade to your friends list Get a Link to this Reply

Quote:
is a pretty common coin


If it was a Nova Scotia issue, or the N.B. ONE cent I would agree.
Not saying this is scarce, but it's hardly common.

Perhaps the most curious of all the decimal coins of the British North American provinces is the New Brunswick Half Cent. It was never ordered, nor indeed even required, by the colony! In 1859-60 both New Brunswick and Nova Scotia adopted a decimal currency system. The Nova Scotia government, however, wished to keep British silver in circulation as well. It set the value of the British pound at $5.00, which made the British half crown worth 62 1/2 cents and the sixpence worth l2 1/2 cents in Nova Scotia currency. Thus, when either of these coins was offered for payment in Nova Scotia, a half-cent piece was often necessary to make change. But in New Brunswick the value of the British pound was set at $4.86 2/3, the same as in the Province of Canada and the United States.

This decreased the value of the British coins sufficiently that no half-cent pieces were needed in New Brunswick. In 1861, when filling orders for Nova Scotia half-cent and one cent-pieces and for New Brunswick one cent-pieces, The Royal Mint in London by mistake produced both denominations for both colonies. Some 222,800 New Brunswick half-cent pieces were struck before the error was discovered. Most of the coins were still at the mint and were melted; however some, perhaps several thousand, are believed to have been shipped to Halifax with the Nova Scotia Half Cents.
Edited by Wade
04/24/2020 9:03 pm
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Canada
494 Posts
 Posted 04/26/2020  3:11 pm  Show Profile   Bookmark this reply Add tamarin to your friends list Get a Link to this Reply
I'll bet the coin is darker in hand. Should go EF-40 but won't go below VF-30.
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 Posted 05/06/2020  8:23 pm  Show Profile   Check Wade's eBay Listings Bookmark this reply Add Wade to your friends list Get a Link to this Reply
she arrived today, chocolate brown. details are a tad crisper than shown in the photos. xf40 all day
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