1857 Bank of Upper Canada One Penny - 1 Penny Bank Token - Great Detail - 1857 Bank Token One Penny - 1857 Canadian Large Cent

This listing is for one 1857 Bank of Upper Canada One Penny Bank Token, as pictured. Choose by token! 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. Some of the 1d. pieces bear a dot between the tips of the cornucopias, but the significance of this is unknown. The letters "R.K. & Co." is not a mintmark. It is the mark of Rowe, Kentish and Company of London, the agents the Bank of Upper Canada used to place their coin orders. The Bank of Upper Canada was established in 1821 under a charter granted by the legislature of Upper Canada in 1819 to a