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1/2 Penny - King George III Copper Company of Upper Canada, Pattern

Issuer Copper Company of Upper Canada
Year 1794
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Weight 12.8 g
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Reverse description A reclining male river deity, depicted in the classical allegorical tradition akin to Neptune or a water god, occupies the central field, leaning against an urn from which water flows. The figure is shown semi-draped, in a pose suggestive of abundance and fertility. A circular Latin legend surrounds the design, with the date 1794 appearing in the lower exergual area beneath the figure.
Reverse script Latin
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Additional information

The Copper Company of Upper Canada was chartered with ambitions to mine and process copper from Lake Superior deposits, and the 1794 halfpenny tokens were intended as both a circulating medium and an advertisement of that enterprise. Pattern pieces struck in silver — rather than the intended copper — were produced almost certainly for presentation purposes, possibly to company directors or government officials whose approval the venture required.

Ch#PF-5B identifies this as one of the rarest survivals from a company that never meaningfully got off the ground.

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