New Zealand 1858 penny token KM Tn19
This specimen was lot 22363 in Heritage sale 3021 (New York, January 2013), where it sold for $558.13. The catalog description noted, "Penny Token 1858, AU53 BN NGC, T.S. Forsaith, Draper in Auckland. Very scarce issue, toned brown with some small contact marks." The SCWC comments, "Because of a shortage of British money, New Zealand merchant tokens were issued beginning in 1857. There were some 147 varieties issued in 10 cities, although the majority were issued in Auckland, Christchurch, Wellington and Dunedin."
Recorded mintage: unknown but rare.
Specification: copper, 34 mm diameter.
Catalog reference: KM Tn-19.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3021, featuring the Cecil Webster, Richard P. Ariagno and Elizabeth McPhall Charters Collection, Dallas: Heritage Auction Galleries, 2012.