1 Penny (Forsaith, T. S. - Auckland) 1858 front 1 Penny (Forsaith, T. S. - Auckland) 1858 back
1 Penny (Forsaith, T. S. - Auckland) 1858 photo
© Renniks Publishing

1 Penny Forsaith, T. S. - Auckland

1858 year
Copper - 34 mm
Description
Issuer
New Zealand
Type
Token
Year
1858
Value
1 Penny (1⁄240)
Currency
Trade tokens (1857-1881)
Composition
Copper
Diameter
34 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#76681
Rarity index
93%

Reverse

Script: Latin

Lettering:
T. S. FORSAITH. WHOLESALE & RETAIL DRAPER.
MANCHESTER
.HOUSE.
AUCKLAND

Comment

Andrews catalogue number - R#138 = Andrews#130

Rarity: R5 - Scarce

Interesting fact

One interesting fact about the Token 1 Penny (Forsaith, T. S. - Auckland) 1858 from New Zealand made of Copper is that it was issued during a time when there was a severe shortage of official currency in the country. The coin was minted by a private company, Forsaith and Company, and was used as a substitute for the official currency, which was in short supply. This coin was one of the many tokens issued by private companies and individuals in New Zealand during this time period, and it remained in circulation until the government introduced new currency in 1859.