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 then obsolete Coat-of-Arms of Upper Canada. The 1850 issue was struck at the Royal Mint, London, but the coins did not arrive in Canada until 1851. Some of the 1d. pieces bear a dot between the tips of the cornucopiae, but the significance of this is unknown. The letters "R.K. & Co." is not a mintmark. It is the mark of Rowe, Kentish and Company of London, the agents the Bank of Upper Canada used to place their coin orders.
Coin is dated 1850, and it shows some moderate signs of wear, such as marks and scratches.
Condition: Fair
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