1 penny 1838
Source : Bank of Canada
Description
Exist in copper and brass
These tokens never really were in circulation. Most of them were melted.
During the first half of the l9th century there was a chronic shortage of small coins in Lower Canada. In 1835, following a government decision to remove all the lightweight pieces from circulation, the shortage became acute. No official coins were issued but the Bank of Montreal, the Quebec Bank, the City Bank and La Banque du Peuple were given authority to issue... Read more »
Usefull link : The Copper Tokens of The Bank of Montreal by Eugene G. Courteau - 1919
1 penny 1838 values and prices
The value of a canadian token depends on several factors such as quality and wear, supply and demand, rarity, finish and more.
- Circulated
- Uncirculated
| Varieties | AG-3 | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|---|
| Narrow Tail | - | - | $1,570 | $3,830 | $5,000 | $7,300 | $10,200 |
| Wide Tail | - | - | $1,570 | $3,830 | $5,000 | $7,300 | $10,500 |
| Varieties | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|
| Narrow Tail | $12,000 | $13,800 | - | - | - | - | - |
| Wide Tail | $18,000 | - | - | - | - | - | - |
View the average prices of certified 1 penny 1838 sold at auctions »
Specifications
Narrow Tail
- Issuer: Bank of Montreal
- Mint : Soho Mint
- Issuing date : 1838
- Denomination : 1 penny
- Die axis: ↑↑
- Weight: 19.5 grams
- Diameter: 33.8 mm
- Edge: Smooth
- Breton #: 523
- Charlton #: LC11A1
- McLachlan #: 112
- Courteau #: 36
- Sandham #: 81
- Haxby-Willey #: 188
- Batty #: 364
- Raymond #: 20
- Willey #: 779
Wide Tail
- Issuer: Bank of Montreal
- Mint : Soho Mint
- Issuing date : 1838
- Denomination : 1 penny
- Die axis: ↑↑
- Weight: 19.5 grams
- Diameter: 33.8 mm
- Edge: Smooth
- Breton #: 523
- Charlton #: LC11A2
- McLachlan #: 112
- Courteau #: 37
- Sandham #: 81
- Haxby-Willey #: 188
- Batty #: 364
- Raymond #: 20
- Willey #: 780
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Last update : Tuesday, March 28, 2023
