This listing is for the photographed 1859 Canadian Cent, Re Punched Date Number 1. ANACS Certified XF45. Beautiful coin. This is an extremely rare variety for this year.
The first Canadian cent was minted in 1858 and had a diameter of 1 inch (25.4 mm) and a weight of 1⁄100 pound (4.54 g). These cents were originally issued to bring some kind of order to the Canadian monetary system, which, until 1858, relied on British coinage.
The large cents of 1858–1920 were significantly larger than modern one-cent coins and even slightly larger than the modern 25¢ piece. After Confederation, these large cent coins were struck on the planchet of the British halfpenny and were roughly the same value. Pennies were issued sporadically in the third quarter of the 19th century. They were used in the Province of Canada, New Brunswick, and Nova Scotia upon Confederation in 1867. New Brunswick and Nova Scotia had issued their own coinage prior to that date, with British Columbia, Prince Edward Island, and Newfoundland continuing to issue "pennies" until they joined Confederation. The coin was reduced in size to its current size to match the size of the American penny.
The obverse features Queen Victoria, while the reverse contains large lettering surrounding by a laurel wreath design.
1859 Canadian Cent Re-punched Date #1, ANACS Certified XF45, Rarest Variety, 1859 1 Penny Canada N9 DP1, Double 9 Canadian Cent 1859