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According to the Royal Canadian Mint, the official term for the coin is the one-cent piece, but in practice the terms penny and cent predominate. [citation needed] Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins.
Nova Scotia one-cent coin, 1861. In 1860, Nova Scotia adopted a system of decimalization, and set the exchange rates for British currency as well as other coins. The provincial government was authorised to obtain coins in cents, and the unit of account for the government was to be in dollars and cents.
Not every old coin is worth something, but many from the 1800s sure are. Some coins from this period are worth thousands or tens of thousands of dollars -- perhaps even more. A lot of this value ...
Coins are Like Songs: The Upper Canada Coppers 1815–1841. Spink. ISBN 9-781907-427718. Tim, Grawey (19 February 2019). "BMO 'Habitant' halfpenny spawns unique varieties". Canadian Coin News. 56 (23): 12. Heritage World and Ancient Coins: The Doug Robins Collection of Canadian Tokens. Chicago: Heritage Numismatic Auctions, Inc. 20 April 2018.
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 ...
For the 2017 Canada 150 series, the Royal Canadian Mint held a contest titled My Canada, My Inspiration [12] to determine the reverse designs of the five circulating coins. The 50-cent coin would contain the Canadian Coat of Arms on the reverse, with the Canada 150 logo, designed by Ariana Cuvin, on the obverse, replacing Queen Elizabeth II.
Bank token of the Province of Canada, 1852. On the obverse, the denomination "UN SOU", on the reverse, "HALF PENNY". In Canadian French, the word "sou" is used in everyday language and means the 1/100 division of the Canadian dollar. The official term is "cent". Canadian one-cent coins (no longer in circulation) have the vernacular name of "sou ...
Bouquet sou minted at Belleville in 1838. While the Montreal banks issued bouquet sou of the correct weight for their denomination, speculators began importing tokens of similar design but of slightly lower weight, thereby profiting from the difference in face value from the cost of having the coin made.