Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

My First Bank Token

To participate in the forum you must log in or register.
Author Previous TopicReplies: 7 / Views: 2,142Next Topic  
Valued Member
kensho52's Avatar
United States
83 Posts
 Posted 01/03/2012  11:04 pm Show Profile   Bookmark this topic Add kensho52 to your friends list Get a Link to this Message Number of Subscribers
I picked this up today.

Hopefully one of the experts can tell me a little about it and if that really is a die crack at 4:30.

Thanks!

My-First-Bank-Token

My-First-Bank-Token

My-First-Bank-Token
New Member
Canada
43 Posts
 Posted 01/03/2012  11:43 pm  Show Profile   Bookmark this reply Add Mrent to your friends list Get a Link to this Reply
It looks like a die crack; however, I am no expert on the subject matter.
Valued Member
numismaniac's Avatar
United States
361 Posts
 Posted 01/04/2012  12:32 am  Show Profile   Bookmark this reply Add numismaniac to your friends list Get a Link to this Reply
That is a fascinating token. I can't help too much as far as the die crack goes. I may have to look around for some of those, awesome design.
Pillar of the Community
aiglet7's Avatar
Canada
695 Posts
 Posted 01/04/2012  01:19 am  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
From Wikipedia

"In 1850, the Bank of Upper Canada received the right to issue a coinage due to a severe coin shortage. The coinage consisted of 1/2 Penny and 1 Penny Bank Tokens. The obverse of the coins carried a representation of St.George slaying the dragon based on Benedetto Pistrucci's gold sovereign coinage design. The reverse of the coins carried the then obsolete Coat-of-Arms of Upper Canada. The 1850 issue was struck at The Royal Mint, London, but the coins did not arrive in Canada until 1851. In 1857, Heaton's Mint were asked to strike this final coinage. The reason why this was the final coinage was, because the introduction of a decimal currency into Canada was being contemplated.The coins of Upper Canada are very popular with collectors of British Empire coins, not only those of Canada. There are a few scarce pieces in this series. The 1857 issue is quite difficult to find. The pieces have been given the affectionate nickname of "St. George Pieces", because of the obverse design.
In 1863, the Bank of Upper Canada complained to the Canadian government that it had a hard time trying to issue their final coinage because of the change to decimal currency. The government bought the coins and stored them in a warehouse as copper bullion. After Canadian Confederation, a proportion of the coins managed to reach circulation, but the majority of the coins were melted in 1873 under government supervision."

You have a very nice addition to your collection regardless of whether there is a die-crack or not. May I ask how much you paid for it? I have a 1/2 penny Bank Token from Lower Canada (present day Quebec) issued in 1837 and not in quite as good condition as yours. Enjoy!
Valued Member
kensho52's Avatar
United States
83 Posts
 Posted 01/04/2012  08:34 am  Show Profile   Bookmark this reply Add kensho52 to your friends list Get a Link to this Reply
Wow,...aiglet, thanks for the wiki. I was done last night after playing with my cheap microscope. I bought this at my LCS here in AZ for $20.
Valued Member
kensho52's Avatar
United States
83 Posts
 Posted 01/05/2012  11:59 am  Show Profile   Bookmark this reply Add kensho52 to your friends list Get a Link to this Reply
Can one of you pros confirm that this really is a die crack or am I dreaming. I've never had a die-cracked coin so I'm in the dark....

Thanks!
Pillar of the Community
collectall's Avatar
Canada
610 Posts
 Posted 01/05/2012  2:05 pm  Show Profile   Bookmark this reply Add collectall to your friends list Get a Link to this Reply
I'm not a pro,but yes it is a die crack.
Nice one Kensho52
Edited by collectall
01/05/2012 2:06 pm
Pillar of the Community
matchbox's Avatar
United States
1007 Posts
 Posted 01/09/2012  3:39 pm  Show Profile   Bookmark this reply Add matchbox to your friends list Get a Link to this Reply
Those are wonderful to collect! I have several and will pick them up from time to time.
  Previous TopicReplies: 7 / Views: 2,142Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums