The Victoria New Brunswick coin was first minted in 1843, beginning with a half-penny copper token. The coin was issued in the Canadian province of New Brunswick, which also started minting additional coins in 1854, including a rare bronze proof. The obverse design of the Victoria New Brunswick coin features a left profile of Queen Victoria with the lettering VICTORIA DEI GRATIA REGINA 1843 engraved by William Wyon. The reverse side of the coin depicts the H.M.S. New Brunswick sailing left, with the lettering NEW BRUNSWICK HALF PENNY TOKEN. The coin has a medal alignment and a weight of 8.6-9.0 grams, with a diameter of 28.2-28.3mm.
What You'll Learn
The hole's connection to the coin's value
The Victoria New Brunswick coin was minted during Queen Victoria's reign from 1855 to 1901. It is a standard circulation coin made of bronze with a wreathed bust of the Queen facing left. The coin has an intricate design with a crown above a dividing line and the date below, all encircled by a beaded circle and an ornate border of leaves and flowers.
The value of the Victoria New Brunswick coin is influenced by several factors, including its rarity, condition, and historical significance. The coin's value can vary depending on the specific year it was minted and its condition, ranging from common to rare. For example, the 1861 Victoria New Brunswick one cent coin in circulation is made of bronze and has a Numista rarity index of 11, indicating that it is relatively common among Numista users. However, the same coin in a higher grade or with a unique history may command a higher price.
The presence of a hole in a coin typically diminishes its value, as it reduces the amount of metal content and can be considered damage. In ancient times, coins with holes were often used for decorative purposes or as souvenirs. They were also used for practical purposes, such as being nailed to a door or wall as a ritual offering to praise a ruler or seek protection from a deity. Soldiers also used holed coins decoratively on their uniforms and weapons.
However, the impact of a hole on a coin's value can vary depending on the specific coin and the context. In some cases, coins were minted with deliberate holes, such as the French 1921 25-centime coin and ancient Chinese coins with square holes. These coins were designed with holes to facilitate stringing and wearing as jewellery. The square hole in Chinese coins also held cultural significance, representing China as the centre of the universe.
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The coin's rarity
The Victoria New Brunswick coin is a rare collector's item. The Numista Rarity Index for the one-cent coin ranges from 11 to 30, indicating that it is a relatively uncommon coin. The higher the index, the rarer the coin. The one-cent coin with a Numista Rarity Index of 11 was sold at auction for USD 720.00. The one-penny token with an index of 30 was sold for USD 1020.00.
The Victoria New Brunswick coin was minted during the period of Great Britain's rigid control of the British North American colonies, which lasted from 1794 to 1867. The colonies were expected to produce raw materials for the homeland and pay for imported goods with legal tender. As colonial economies grew, the need for circulating coinage became acute, and colonists often resorted to producing their own tokens, including counterfeits.
The Victoria New Brunswick coin is made of bronze with a composition of 95% copper, 4% tin, and 1% zinc. It features a wreathed bust of Queen Victoria facing left, with the lettering "VICTORIA D:G: BRITT:REG:F:D:" surrounding the crown and date. The reverse side depicts the H.M.S. New Brunswick sailing left, with the lettering "NEW BRUNSWICK ONE PENNY TOKEN."
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The coin's design
The Victoria New Brunswick coin was first minted in 1843, beginning with a half-penny copper token. The coin features a left profile of Queen Victoria, with the lettering "VICTORIA DEI GRATIA REGINA 1843" encircling the coin's edge. The coin was engraved by William Wyon, with a wreathed bust facing left, designed by Leonard Charles Wyon. The coin also features an HMS New Brunswick sailing left, with the lettering "NEW BRUNSWICK HALF PENNY TOKEN".
The coin has a medal alignment of ↑↑, and the weight and diameter vary slightly between 8.6-9.0g and 28.2-28.3mm, respectively. The coin is composed of 95% copper, 4% tin, and 1% zinc, resulting in a bronze colour.
In 1861, New Brunswick transitioned to a decimal currency system, issuing bronze and silver coins. This system was short-lived, ending in 1867 when New Brunswick coins were replaced by the Canadian dollar.
The obverse design of the 5, 10, and 20-cent silver pieces struck between 1862 and 1864 was similar to those of the Province of Canada. The only difference was the abbreviation of the legend "DEI GRATIA REGINA" to "D:G:REG:" to accommodate the longer "NEW BRUNSWICK" below the bust of the monarch.
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The coin's production
The coins of New Brunswick were produced during a period of rigid control by Great Britain over its North American colonies, including policies on legal tender. As the local colonial economies grew, the need for circulating coinage became acute, and colonists resorted to producing their own local tokens, including counterfeits.
The Canadian province of New Brunswick began minting its own coins in 1843, starting with a half-penny copper token. The coin featured a left profile of Queen Victoria, with the lettering "VICTORIA DEI GRATIA REGINA 1843" and "NEW BRUNSWICK HALF PENNY TOKEN". The coin was designed by William Wyon, with the ship H.M.S. New Brunswick sailing left on the reverse side.
In 1854, more coins were produced, including a rare bronze proof. In 1861, New Brunswick adopted a decimal currency system, issuing bronze and silver coins. The bronze coins were made of 95% copper, 4% tin, and 1% zinc, with a wreathed bust of Queen Victoria facing left, designed by Leonard Charles Wyon. The silver coins included 5, 10, and 20-cent pieces, which were struck at the Royal Mint in 1862 and 1864. These coins featured the same obverse design as those of the Province of Canada, with the legend "DEI GRATIA REGINA" abbreviated to "D:G:REG:" to accommodate the longer "NEW BRUNSWICK" below the bust of the monarch.
The production of New Brunswick coins ended in 1867, as they provided the basis for the Canadian dollar. Today, these coins are sought-after by collectors, with values depending on factors such as quality, rarity, and demand.
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The coin's end
The coins of New Brunswick, a Canadian province, had a short but intriguing history. The story of these coins began in 1843 when the region first minted its own currency, starting with a half-penny copper token bearing the image of Queen Victoria. This marked the beginning of New Brunswick's endeavour to address the shortage of legal tender coins in the colony.
The need for circulating coinage in New Brunswick became acute as the local colonial economy expanded. The colonists resorted to their ingenuity, producing various local tokens, including counterfeits. This led to the introduction of additional New Brunswick coins in 1854, including a rare bronze proof. The colony's coinage system underwent a significant change in 1861 when it adopted a decimal currency system, issuing bronze and silver coins.
However, this local coinage had a limited lifespan. In 1867, just two decades after its inception, the New Brunswick coins came to an end. This conclusion was not due to any shortcomings of the colony but instead played a part in the foundation of a unified Canadian dollar. The 5, 10, and 20-cent silver pieces struck at the Royal Mint in 1862 and 1864 featured a bust of Queen Victoria, with the legend "DEI GRATIA REGINA" abbreviated to "D:G:REG:" to accommodate the longer "NEW BRUNSWICK" inscription.
Today, collectors and enthusiasts value and seek out these rare New Brunswick coins, which represent a unique chapter in Canada's numismatic history.
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