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1/2 Penny payable by Carritt and Alport

Issuer Carritt & Alport (Halifax, Nova Scotia)
Year 1814
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Value 1/2 Penny (1⁄480)
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Reverse script Latin
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Edge Reeded
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Additional information

Carritt & Alport were Halifax merchants operating during the acute small-change shortage that plagued British North America throughout the Napoleonic Wars period, when official copper from Britain arrived sporadically and colonial authorities lacked the mandate to strike their own. Private merchant tokens like this one filled the gap entirely by necessity — they circulated as functional currency, not advertising. The "payable by" phrasing was a deliberate legal hedge, implying redemption obligation without quite constituting a promissory note under contemporary statute.