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Token - 1 Penny, E. De Carle & Co, Merchants, Dunedin, Otago, New Zealand, 1862 Numismatics Reg. No: NU 3674

Summary:
Copper One Penny Token, minted by W.J. Taylor, London. Issued by E. De Carle & Co, Merchants, Dunedin, circa 1862. De Carle arrived in Australia in 1849. Over the following fourteen years he was involved in a wide range of business ventures in Melbourne, taking advantage of the explosive growth caused by the gold rush. He later moved to New Zealand, where established this business. Lampard (p.40) reports that De Carle wrote to the 'Daily Telegraph' on 18 Feb 1862 to advise the public that his tokens would circulate as halfpennies not as pennies. De Carle's three different tokens, which featured his business as 'Grocers and Spirit Merchants,' 'Auctioneers and Land Agents' and 'Auctioneers, etc.,' indicated the range of his business activities and speculation. He was also involved in the urbanisation of Footscray and a section of Brunswick. De Carle operated his businesses with a number of partners, in a network of business dealings.

Previous Collections: George McArthur
Description:
A round copper token (31 mm diameter). The token features the name, address and business of the issuer: E. DeCarle & Co., Merchants, Dunedin, Otago around the British Royal Arms. The reverse depicts a female figure representing Justice seated on a wool bale with legs to left but her head and upper body to front. A wine barrel lies on the ground behind her and a three-masted sailing ship sails away to the leftt on the horizon to the left. She wears a blindfold and extends a balanced set of scales with her right hand. With her left she holds an inverted cornucopia from which fruits flow onto the ground. She wears an ancient-style of flowing dress bound at the waist, her left arm bare and right draped to near the elbow.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 31 mm (Diameter)
Weight: 9.426 g (Weight)

More information

Tagged with: retail trade, retailing
Themes this item is part of: E. De Carle & Co., Merchants, Dunedin, Otago, New Zealand, George McArthur, Collector & Baker (1842-1903), Numismatics & Philately Collection, Working Life & Trades Collection, W.J.Taylor, Mint, London, United Kingdom, McArthur Bequest
Primary Classification: TRADE TOKENS
Secondary Classification: New Zealand
Tertiary Classification: working strikes
Series: Trade Tokens
DateEra: 1862 AD
Denomination: 1 Penny
Obverse Description: Around the British Royal Arms in a Gothic script, E DE CARLE & CO MERCHANTS . DUNEDIN OTAGO with the motto HONI SOIT QUI MAL Y PENSE
Reverse Description: A female figure representing Justice seated on a wool bale with legs to left but her head and upper body to front. A wine barrel lies on the ground behind her and a three-masted sailing ship sails away to the left on the horizon to the left. She wears a blindfold and extends a balanced set of scales with her right hand. With her left she holds an inverted cornucopia from which fruits flow onto the ground. She wears an ancient-style of flowing dress bound at the waist, her left arm bare and right draped to near the elbow. Around above, VIVANT REGINA in exergue, 1862
Edge Description: Plain
Inscriptions: Obverse: E DE CARLE & CO MERCHANTS DUNEDIN OTAGO HONI SOIT QUI MAL Y PENSE
Reverse: VIVAT REGINA 1862
Shape: Round
Material: Copper
Issued By: E. De Carle & Co. Merchants, Dunedin, Otago, South Island, New Zealand, 1862
Mint: W.J.Taylor, Mint, London, England, Great Britain, 1862
Previous Collection: George McArthur
References: The DeCarle, Dunedin issue of tokens required one obverse and three reverse dies for it's production. Identification of the die combination employed to make a particular token is the key to both the standard references and the museum storage system. The dies can be recognised by:

Obverse
A D of DUNEDIN re-entered

Reverse T to R top of scales to Die cracked
1 2.0 mm 1.2 mm below V right side of A of REGINA
2 2.8 mm V to scales etc.
3 3.0 mm 0.5 mm below V to right shoulder of Justice

The following die combinations have been recorded: A/1, A/2, A/3 (this token)
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 101
  2. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, No. 60/3
  3. [Book], William Lampard, Catalogue of New Zealand Coins Tokens Bank Notes, Royal Numismatic Society of New Zealand Incorporated, Wellington, 1981, No. 315b
  4. [Book], Vaughn Humberstone, Merchants Making Money, 2010

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