Heritage World Coin Auctions
Signature Sale 3029 14-16 January 2014
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Canada
Selections from the Eric P. Newman Collection of World Coins. Lower Canada. THS & WM Molson Montreal Brewers copper Sou Token 1837, Charlton LC-16A3 (thin flan, reeded edge), Br-576, XF45 Brown NGC. Well struck with even, light wear and no notably detracting flaws. A very scarce issue by this early Canadian brewer. In the early 1800's, Canada became a British possession, but no official currency, in the form of coins, had been delivered to the new colony. To remedy this shortage, many merchants issued copper tokens that were widely accepted in the marketplace. One of these merchants was Thomas and William Molson of Montreal. The Molson family later formed a bank (Molson's Bank) that continued in operation until acquired by the Bank of Montreal in 1925.
Estimate: 1500-2000 USD
Selections from the Eric P. Newman Collection of World Coins. Lower Canada. THS & WM Molson Montreal Brewers copper Sou Token 1837, Charlton LC-16A3 (thin flan, reeded edge), Br-576, XF45 Brown NGC. Well struck with even, light wear and no notably detracting flaws. A very scarce issue by this early Canadian brewer. In the early 1800's, Canada became a British possession, but no official currency, in the form of coins, had been delivered to the new colony. To remedy this shortage, many merchants issued copper tokens that were widely accepted in the marketplace. One of these merchants was Thomas and William Molson of Montreal. The Molson family later formed a bank (Molson's Bank) that continued in operation until acquired by the Bank of Montreal in 1925.
Estimate: 1500-2000 USD