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








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!

1857 Bank Of Upper Canada Bank Token One Penny

To participate in the forum you must log in or register.
Author Previous TopicReplies: 16 / Views: 6,946Next Topic
Page: of 2
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 10/11/2016  10:58 am Show Profile   Bookmark this topic Add Monnaie to your friends list Get a Link to this Message Number of Subscribers
I found this lovely coin in my deceased father's collection. I really like its design, but I don't know much about it.

If my Internet research is correct, its KM number is Tn3. Is this the catalog number typically used for it?

How would you assess its condition?






1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny

1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny
Pillar of the Community
aiglet7's Avatar
Canada
695 Posts
 Posted 10/11/2016  12:20 pm  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
This link will give you some more information on your coin:-

http://www.coinsandcanada.com/token...-1857&id=120
Valued Member
upc239's Avatar
Canada
135 Posts
 Posted 10/11/2016  2:50 pm  Show Profile   Bookmark this reply Add upc239 to your friends list Get a Link to this Reply
Very nice coin you have. I'm thinking in the EF range.
Bedrock of the Community
SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 10/11/2016  3:48 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
It has EF details but, been cleaned.
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 10/11/2016  8:03 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
Thanks for the input.
Here are some more photos without glare. Does it still look as if it has been cleaned?




1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny

1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny
Edited by Monnaie
10/11/2016 8:05 pm
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 10/11/2016  8:27 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
larger pictures would help, but I am seeing corrosion issues.

the details are all there to be AU, or at least very close to it.

- george's sword does not merge into horses thigh, visor and chest strap defined, as are bridle and reigns
- bands on the cornucopia show individual dots, as does the rope that crosses the anchor. sword edges well defined.

1857 is the easiest of this series to find in great condition.
regardless of rarity or value, & because it came from your father's collection, I would call it a keeper.

Edited by Wade
10/11/2016 8:28 pm
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 10/11/2016  9:59 pm  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
These images should be a bit larger.

These coins weren't stored properly, so corrosion is a possibility. Should it get a conservation "cleaning"?

This does seem like a good coin to keep in the family, especially because the likely original collector (my great-grandfather) lived in Canada for a while.



1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny

1857-Bank-Of-Upper-Canada-Bank-Token-One-Penny
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 10/11/2016  10:36 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
if you want a prettier example for the sake of collecting they can be found.

if it's "dad's coin" then it is fine the way it is. "conserving" would likely make it worse.
Pillar of the Community
United States
840 Posts
 Posted 10/11/2016  11:42 pm  Show Profile   Bookmark this reply Add colonialtokens to your friends list Get a Link to this Reply
I concur with Wade's assessment, AU 50 (maximum) details with issues.
(minor pitting and corrosion and a weakly struck reverse).
Net is in the neighbourhood of XF 40/45.

doug
Valued Member
Monnaie's Avatar
United States
125 Posts
 Posted 10/12/2016  10:29 am  Show Profile   Bookmark this reply Add Monnaie to your friends list Get a Link to this Reply
Thanks for your very helpful assessments!

Does anyone know off the top of their head why the Bank of Upper Canada issued tokens, anyway? If not, I'll do some googling when I have more time.
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 10/12/2016  2:32 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
there was very little circulating coinage between 1800-1858 so private banks were issued permission (from the UK) to mint these (and a lot of others) in order to fill the need.

in 1858 Canada was formed and switched to the decimal system (cents instead of pennies, dollars instead of pounds).

being the last year of issue these saw little circulation which is why they can be easily found in AU/UNC condition.

Edited by Wade
10/12/2016 2:36 pm
Pillar of the Community
torgemco's Avatar
Canada
1046 Posts
 Posted 10/12/2016  5:22 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
very nice enhancement
photos(imo)
may I ask if your Father
was a collector
tia
Bedrock of the Community
SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 10/14/2016  06:40 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply

Quote:
Does it still look as if it has been cleaned?


Just goes to show how photos held one way and then held another can do.
The first photo looked like a bad cleaning to me then, your next photo shows a very nice coin so, this is why it is hard to grade coins from pictures.
Pillar of the Community
torgemco's Avatar
Canada
1046 Posts
 Posted 10/14/2016  7:33 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
where all the Bank of
Upper Canada tokens 1/2 pennies
and full pennies..1850-1857
Minted in Ontario ?
i could not find this info on line
tia
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 10/14/2016  8:56 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
1850 issues came to being through Rowe, Kentish & Co London (the initials on the tokens).
The Royal Mint struck these, and also started the 1852 run. They were unable to complete the 1852 issues and so subcontracted them to Ralph Heaton & Co Birmingham.
1854 and 1857's were all from the Heaton Mint.
Royal Mint strikings have medal alignment while Heaton's are coin alignment.

Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 10/14/2016  9:10 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
Bank of Canada Currency Museum,

brief history on Colonial Canadian coinage:

http://www.bankofcanadamuseum.ca/wp...atalogue.pdf

  Previous TopicReplies: 16 / Views: 6,946Next Topic
Page: of 2

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 0.34 seconds to rattle this change. Forums