A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the obverse and the reverse, referring to the front and back sides, respectively. The obverse of a coin is commonly called heads, because it often depicts the head of a prominent person, and the reverse is known as tails.
The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling, and ranges in value from one penny sterling to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 pence. Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound.
Sterling is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling.
The pound was the currency of Scotland prior to the 1707 Treaty of Union between the Kingdom of Scotland and the Kingdom of England, which created the Kingdom of Great Britain. It was introduced by David I, in the 12th century, on the Carolingian monetary system of a pound divided into 20 shillings, each of 12 pence. The Scottish currency was later devalued relative to sterling by debasement of its coinage. By the time of James III, one pound Scots was valued at five shillings sterling.
The quarter, short for quarter dollar, is a Canadian coin worth 25 cents or one-fourth of a Canadian dollar. It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice, it is usually called a "quarter", much like its American counterpart. In Canadian French, it is called a caribou. The coin is produced at the mint's facility in Winnipeg, Manitoba.
In Canada, a penny is an out-of-production coin worth one cent, or 1⁄100 of a dollar. 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. Penny was likely readily adopted because the previous coinage in Canada was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins. Like all Canadian coins, the obverse depicts the reigning Canadian monarch at the time of issue.
The British farthing was a British coin worth a quarter of an old penny. It ceased to be struck after 1956 and was demonetised from 1 January 1961.
From c. 1124 until 1709 the coinage of Scotland was unique, and minted locally. A wide variety of coins, such as the plack, bodle, bawbee, dollar and ryal were produced over that time. For trading purposes coins of Northumbria and various other places had been used before that time; and since 1709 those of the Kingdom of Great Britain, and then of the UK.
The coins of Lundy are unofficial issues of currency from the island of Lundy, in the Bristol Channel off the west coast of England. Two bronze coins, the "half puffin" and "one puffin", were issued with a 1929 date and featured a portrait of Martin Coles Harman, who owned the island and was responsible for the issue. The coins were struck again with slightly modified designs and updated dates in 1965, 1977, and 2011, as commemorative or fantasy tokens not intended for circulation.
Conder tokens, also known as 18th-century provincial tokens, were a form of privately minted token coinage struck and used during the later part of the 18th century and the early part of the 19th century in England and Wales, Scotland, and Ireland.
The British pre-decimal penny was a denomination of sterling coinage worth 1⁄240 of one pound or 1⁄12 of one shilling. Its symbol was d, from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze.
The British twopence (2d) coin was a denomination of sterling coinage worth two pennies or 1/120 of a pound. It was a short-lived denomination in copper, being minted only in 1797 by Matthew Boulton's Soho Mint.
Blacksmith tokens are a form of evasion currency that was in circulation primarily in Lower Canada and Upper Canada along with neighboring areas, such as the northern parts of New York and New England in the mid-1820 to 1830s. They were not, strictly speaking counterfeits, but instead skirted around the laws of the time by being similar to officially circulating coinage, but bearing different legends, or bearing no legends or dates at all, so it could not be claimed that they were truly imitating circulating coinage fully. The tokens were designed to resemble worn examples of English or Irish copper coinage, most often with a crude profile of either George II or George III in profile on the obverse and an image of Britannia or an Irish harp on the reverse. They were typically underweight when compared to officially sanctioned halfpenny coinage, but were accepted along with many other unofficially issued tokens due to a lack of sufficient small denomination coinage in circulation at the time.
Bouquet sou were a series of tokens that were created for use primarily within Lower Canada in the mid- to late-1830s. Roughly equivalent in value to a half penny, the "bouquet sou" were so called because they displayed a group of heraldic flowers tied together with a ribbon on their obverse. The group of flowers were encircled by one of several legends, which might say "Trade & Agriculture / Lower Canada", "Agriculture & Commerce / Bas Canada" or some variant of these that might also substitute the name of the issuing bank. The other side most typically gave the denomination of "un sou", surrounded by a wreath and the words "Bank Token" and "Montreal". There are a large variety of these tokens, distinguished primarily by the number and variety of flowers that appear in the "bouquet", along with the differences in the legends that appeared on either side of the token. They were initially issued by the banks of Lower Canada, and were later imitated by speculators who produced tokens that looked similar, but were underweight for their denomination. These coins also circulated to Upper Canada, as at least one archeology dig attests. Large numbers of these tokens were produced and many examples can easily be obtained for only a few Canadian dollars, though a few rare varieties can command significantly higher prices.
The Habitant token were a series of tokens that were created for use primarily within Lower Canada and were issued in 1837. Produced as a successor to the popular bouquet sous, these tokens depicted a Habitant on the obverse, a traditional depiction of a French-Canadian farmer in winter clothing, and the coat of arms for the City of Montreal on the reverse. The tokens were issued in both one penny/deux sous and half penny/un sou denominations by the leading commercial banks of Montreal. They were issued in large numbers and can be easily acquired by the modern collector, though some varieties are rare and command a premium.
Pierre-Napoléon Breton (1858–1917), was an early Canadian numismatist, best known for publishing a series of guides on Canadian tokens.
Robert Wallace McLachlan, was a prolific early Canadian numismatist, who published many works focusing primarily on pre-Canadian Confederation coins, tokens and medals. He lived in Montreal, and was for many years the Treasurer and Curator of The Canadian Antiquarian and Numismatic Journal. Along with fellow early Canadian numismatists Alfred Sandham, and P. N. Breton and Joseph Leroux, his publications are considered to have laid the foundations for Canadian numismatic research.
The Vexator Canadiensis tokens are thought to be politically satirical tokens produced in either Quebec City or Montreal sometime in the 1830s. The tokens present a very crude image of a vaguely male bust on their obverse, and a female figure on the reverse. The legends on either side were deliberately designed so that they are hard to definitively read, but are commonly known as the "vexators" based on a common interpretation of its obverse legend. Depending on the interpretation of the inscriptions, they can either be taken as a form of satirical protest against either an unpopular Upper Canada governor, or William IV as a "tormentor of Canada", or more simply, depicting a fur trapper. Since all of these interpretations are possible, the ambiguity would allow the issuer from escaping being cited for sedition.
The Bust and Harp tokens were tokens originally issued anonymously in the mid-1820s, and circulated primarily in Lower Canada. Due to their anonymous nature, it is not known who placed the order for the original tokens, but they are believed to have been minted in England beginning in 1825. The initial release of the tokens was dated 1825, but a currency regulation issued that same year made the importation of privately issued tokens illegal. As a result, the initial issue was altered and all subsequent issues of these tokens were antedated to 1820 in order to get around this prohibition, which did not prohibit tokens made before this date. They were circulated in large quantities and were widely imitated by minters located in Canada, making for many varieties. Those of particularly poor craftsmanship are considered examples of Blacksmith tokens. They were roughly the size of a contemporaneous half-penny, though generally weighed less. They were widely circulated in Lower Canada for at least 30 years, after which banks began to refuse them as payment except by weight. The more common Bust and Harp tokens can be had for about a few tens of C$, though rarer varieties can command prices in the thousands of dollars.
The halfpenny was first issued in New Zealand in 1940, seven years after the first introduction of a domestic pound coinage. The coin's issuing was scheduled to align with the centennial of the Treaty of Waitangi and the New Zealand centennial, alongside the penny and centennial half-crown. The coin was designed by New Zealand artist Leonard Cornwall Mitchell after winning a government-sponsored design competition, and then modelled by Royal Mint designer Percy Metcalfe. The halfpenny features the head of the reigning monarch on the obverse, with a hei-tiki pendant ornamented and simplified kowhaiwhai woodcarvings on the reverse. The smallest of all denominations of the New Zealand pound, the copper coin was worth 1/480th of a pound, or 1/120th of a crown, the largest coinage denomination. It was discontinued alongside all other New Zealand currency following decimalisation in 1967.
