1 Penny (Wallace, James - Wellington) 1859 front 1 Penny (Wallace, James - Wellington) 1859 back
1 Penny (Wallace, James - Wellington) 1859 photo
© Renniks Publications Limited

1 Penny Wallace, James - Wellington

1859 year
Copper - 34 mm
Description
Issuer
New Zealand
Type
Token
Year
1859
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#95421
Rarity index
97%

Reverse

Female seated holding scales and cornucopia, ship and sea in background

Script: Latin

Lettering: 1859

Edge

Plain

Comment

Andrews catalogue number = A#592

Rarity = R5 - Scarce

Interesting fact

One interesting fact about the Token 1 Penny (Wallace, James - Wellington) 1859 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, the Wellington Mint, and was intended to serve as a substitute for the official currency. It features the image of a Maori chief on one side and the Wellington coat of arms on the other. Despite its historical significance, the coin is not considered legal tender today.