Magdalen Island penny token

The Magdalen Island penny token was a token that was originally issued for use on that island and throughout Lower Canada and the Maritime Provinces in the early 19th century. This token was issued in 1815 by Sir Isaac Coffin, who was granted the island by the British government in reward for his loyalty to the crown during the American Revolutionary War. While not a rare coin, it is hard to find in anything but worn condition, and even prices for pieces in the lowest grades tend to start at about at about C$100 and go up rapidly from there.