prince edward island

[ScottO]

any information on this would be appreciated. cant find much about it, most of the information i find is on a fishing one, this isn't that

i know it is a cent

[TroyMosher]

The trade tokens with this inscription were issued by Henry Haszard and George and Simeon Davies to provide small change for merchants and their customers on Prince Edward Island,Canada. The Self Government and Free Trade toke is dated 1855 but there was an 1857 as well. They were issued by Henry Hazzard and George & Simeon Davies. they were merchants. The Ship Colonies & Commerce tokens have a lot of varities. The saying on the tokens are from Napoleon. He said at the battle of Ulm, that the 3 British advantages of Ships, colonies and commerce will defeat him in the end.Some tokens were struck in New York and some were imported from England. The last one was used in PEI also and was issued by E, Lydiad & F.Longworth of Charlottetown . It was struck in England by Ralph Heaton & Sons. Its vale $5 or so in very good.

 

 

PRINCE EDWARD ISLAND.

1. 0. Obv. Sheath of Wheat with sickle. " Prince Edward Island Half Penny 1840." Rev. A plough. "Commerce And Trade." Very rare.

2. C. Obv. A Plough, "speed the plough." Rev, A Cod- fish, "success to the fisheries." Several varieties of this coin

(which was struck in 1840), are in circulation. The difference being in the shape of the plough

3. C. Obv. "prince Edward's island 1855." Rev. "self

government and free trade." Edga plain.

4. C. Obv. Same as No. 3, " 1857." rev as/NO..3

5. C. Obv. "prince edward island 1855." Rev. Same as

N0.3

6. C. Obv. Steamship to left, "half penny token." Rev.

" fisheries and agriculture."

 

 

In 1871, two years before joining with the Canadian Confederation, Prince Edward Island issued 1 cent coins, as it's only independent coinage. The obverse portrait of Queen Victoria is the same as seen on Canadian coins of this period, but with a different legend that reads "VICTORIA QUEEN 1871". The reverse shows an Island on which stands a tall Oak Tree representing England, and three smaller trees representing PEI's three counties. The Latin phrase "PARVA SUB INGENTI" meaning 'the small under the protection of the great'. occurs below. 2,000,000 of these were struck at the Heaton mint in England but do not bear the normal "H" mint mark one would expect. It has been recorded the coins were not well received and it took almost 10 years for the government to put them all in circulation, although one should consider how large the mintage was relative to the small population of the island in 1871.Some years ago a hoard of choice uncirculated examples were found at the Heaton Mint, which were extremely well struck lustrous coins which are occasionally incorrectly offered for sale as specimen strikes. These business strikes have a small area of bare ground just to the bottom right of the oak tree, which the much rarer specimen strikes do not.They are struck to the same standard as the Canadian large cents of the period at 25.4 mm and 5.67 grams of 95% copper, 4% tin and 1% zinc. These are the same alloy and weight as the NS and NB 1 cents, but the flans are very slightly thinner and broader.

 

From 1497, the Spanish government minted a large silver coin which through wide circulation became known as the Spanish dollar. Around the end of the 18th century, this coin was in constant circulation in Eastern Canada and the United States. The value of the coin varied in different centers but was highest in Halifax. Using this knowledge, whenever the merchants of Prince Edward Island (PEI) secured them, they sent them to Halifax, to take advantage of the higher rate. The resulting shortage of money in PEI prompted the governor to gather in all the Spanish Dollars he could and have their centers punched out. Both the central plug and rims were stamped with a sunburst. The punched centers passed as shillings and the outer rims as five-shilling pieces. The mutilated coins were thereafter no longer acceptable outside of the island, so as a consequence, became the official currency there.

 

 

 

Sample Pricing:

PE-6A2, 1855, CENT ..................... VF-20 $20.00

PE-6A3, 1855, CENT ...................... F-15 $11.00

PE-7A1, 1855, CENT ..................... VF-20 $20.00

PE-7A1, 1855, CENT ..................... VF-30 $32.50

PE-7A1, 1855, CENT ..................... XF-40 $55.00

PE-7B1, 1855, CENT ..................... VF-20 $24.50

[Art]

Nice token Scott and super info Troy. Thanks to both of you for the neat posts.

[TroyMosher]

Just glad to help where I can. Happy Collecting!

 

Here is My ONLY Example of PEI Currency. Your Post made me dig it out of the closet. Thought i would share it. Thanks!

[ccg]

And because the core of the punched 8 reales actually had more than a shilling's worth of silver, they were quickly hoarded and exported for scrap.

[ccg]

The Latin phrase "PARVA SUB INGENTI" meaning "taken from the Island's seal" occurs below.

 

I take that you meant that the motto was taken from the seal?

 

The usual translation is "the small under the great", or a variation thereof.

 

http://www.peiregiment.com/about.html

[YeOldeCollector]

I take that you meant that the motto was taken from the seal?

 

The usual translation is "the small under the great", or a variation thereof.

 

http://www.peiregiment.com/about.html

 

The literal translation is entirely "the small under the great" although a Latin motto that could be translated as "taken from the Island's seal" would be hilarious! ;)

[TroyMosher]

REALES> PUNCHED> Rings are worth about $2,000-$3,000 and the plugs bring double that. Happy Hunting!!!