Catalog
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| Issuer | City Bank (Montreal) |
|---|---|
| Year | 1837 |
| Type | Emergency coin |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | BANK TOKEN CONCORDIA SALUS CITY BANK 1837 ONE PENNY |
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| Mintage | 1837 - Original error - 1837 - Proof - 1837 - Same error, but restrike of Taylor - |
| Additional information |
This piece is a mule — a coin struck from two dies not originally intended to pair together. The City Bank of Montreal never formally commissioned a token series, which is precisely why these exist: private die sinkers in the 1837 period had commercial dies on hand and combined them opportunistically, sometimes with bank authorization and sometimes without. The result was a loose, inconsistent coinage filling a desperate void left by the near-total disappearance of small government-issued copper from Lower Canada circulation.
The Rebellions of 1837–38 and the preceding commercial panic had choked legitimate coin supply entirely.