Canada
Magdalen Island Proof Penny Token 1815 PR63 Red and Brown NGC, KM-Tn1, Br-520, LC-1. Attractively toned, with a pervasive presence of mint red brightening the fields. A very scarce type in better grades.
The Magdalen Islands form a small archipelago in the Gulf of St. Lawrence, close to Prince Edward Island. The original settlers were French, who hunted the abundant walruses on the islands. Upon being ceded to the British, the islands were administered by Newfoundland until 1774, when they became part of the Province of Quebec. After the Revolutionary War, Sir Isaac Coffin was granted the islands by the British Crown. He arranged with Birmingham coiner, Edward Thomason, to produce penny tokens dated 1815 for use by the islands' inhabitants. Thomason sub-contracted with Thomas Halliday to engrave the dies. This beautiful design has long been very popular with Canadian token collectors.
Ex. Doug Robins Collection
https://coins.ha.com/itm/canada/canada-magdalen-island-proof-penny-token-1815-pr63-red-and-brown-ngc-/a/3089-32402.s?type=CoinArchives3089
HID02906262019
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Estimate: 4000-4500 USD