Name Origin[ edit ] The name is derived from reference by R. McLachlan in an article about Canadian Numismatics, where he describes a specific coin of this series and says: Previous towhen the lack of specie caused copper change to be accepted in bulk, there lived in Montreal a blacksmith of dissipated habits.
He prepared a die for himself, and when he wished to have opțiuni de tranzacționare pe cme "good time" he struck two or three dollars in these coppers, and thereby supplied himself with sufficient change with which to gratify his wishes.
While the rarer blacksmith tokens may well have been struck by a single person by hand, the large numbers of some of the more common tokens in this series suggests that some of them came from more professional minting operations.
McLachlan stated that the numerous types of blacksmith tokens available and their quantity meant that they were either struck at several different establishments in quantity, or a large jetoane canadiene came from one establishment which operated for several years. McLachlan in articles dating back to the mids, and several examples were also included in Pierre-Napoléon Breton 's extensive catalog of Canadian colonial tokens. Howland Wood published the first comprehensive study of the series in an article published The Numismatist intitled The Canadian Blacksmith Coppers published later that same year as a pamphlet of the same name.
He noted one characteristic that was common to the series, that they were created specifically to look like worn British half-pence coins. Another common feature to most of the Blacksmith coppers was that their designs were the opposite to that of the original coin being imitated.
If the coin was imitating the bust of George III on its obverse, it would face left in the Blacksmith version whereas in the officially issued coinage it would face right. Wood believed that the reason for this was the inexperience of the die cutter, who created the die facing the same way as the original coin being imitated. Given that the banks of Upper and Lower Canada started issuing their own officially sanctioned tokens of the correct weight for their value inWood believed this series of tokens must have been created between those dates.
Jetoane canadiene of his discoveries including finding that the die axes described for some varieties in existing coin catalogs should be considered approximate, identifying additional sub-varieties to Wood 29 and Wood 38, and suggests that there are at least four major "families" of Blacksmiths whose production are linked based on the dies that were used.
The "BITIT" blacksmith tokens Wood 33 is considered to be the most common of the Blacksmiths series,  and one of the most controversial in numismatic literature.
The obverse contains the profile of George III with what Wood described as a "large pug nose",  while the reverse has a jetoane canadiene Britannia holding a shamrock. Unlike most Blacksmith tokens, this coin features a legend on both sides, with the tops of the letters obscured by excessive die polishing, possibly done on purpose. McLachlan refuted this claim, saying that he had "little doubt that this piece was struck and issued in Canada as an imitation of a George III copper".
Hickcox believed the coin to have come from Vermont, the majority consensus of other midth century U. Colonial numismatists omit the coin in their listings  While the provenance of this coin is still debated, jetoane canadiene of this coin appearing in the hoard McLachlan described and archaeological finds in locations in Upper Canada, Lower Canada and New Brunswick establish that it circulated in Canada.