1 Penny - Ashton, H. (Auckland) 1862-1863 front 1 Penny - Ashton, H. (Auckland) 1862-1863 back
1 Penny - Ashton, H. (Auckland) 1862-1863 photo
© noumea

1 Penny - Ashton, H. Auckland

 
Copper 13.5 g 34 mm
Description
Issuer
New Zealand
Type
Token
Years
1862-1863
Value
1 Penny (1⁄240)
Currency
Trade tokens (1857-1881)
Composition
Copper
Weight
13.5 g
Diameter
34 mm
Thickness
2.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#55945
Rarity index
83%

Reverse

Script: Latin

Lettering:
NEW ZEALAND
1863

Interesting fact

One interesting fact about the A Token 1 Penny - Ashton, H. (Auckland) 1862-1863 from New Zealand made of Copper weighing 13.5g is that it was used as a form of currency during a time when there was a shortage of official currency in New Zealand. The coin was issued by a private company, the Auckland Bank, and was accepted as legal tender in the Auckland region. This coin is a rare example of a privately issued currency that was used in a country, and it highlights the resourcefulness and innovation of the people of New Zealand during a time of economic challenge.