© Heritage Auctions
© Heritage Auctions
1 Penny - De Carle, E. and Co. Dunedin
1862 year| Copper | - | 31 mm |
| Issuer | New Zealand |
|---|---|
| Type | Token |
| Year | 1862 |
| Value | 1 Penny (1⁄240) |
| Currency | Trade tokens (1857-1881) |
| Composition | Copper |
| Diameter | 31 mm |
| Thickness | 1.9 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#58846 |
|---|---|
| Rarity index | 81% |
Reverse
Royal coat of arms with motto
honi soit qui mal y pense
Script: Latin
Lettering: E.DE CARLE & CO MERCHANTS .DUNEDIN.OTAGO
Comment
Andrews catalogue numbers:
R#111 = A#102,
R#112 = Not Listed (Lampard#315),
R#113 = A#101
Rarity:
R#111 = R4 - Less Frequently seen,
R#112 = R10 - Highest rarity (only 4 known to exist),
R#113 = R3 - Frequently Seen.
Interesting fact
One interesting fact about the Token 1 Penny - De Carle, E. and Co. (Dunedin) 1862 from New Zealand made of Copper 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, De Carle, E. and Co., and was accepted as legal tender by many businesses in Dunedin. This coin is a rare example of a privately issued currency that was used successfully in a specific region.
