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Token - 1 Penny, T.W. Courlay & Co, Ironmongers, Christchurch, New Zealand, circa 1864 Numismatics Reg. No: NU 3755

Summary:
Copper One Penny Token, minted by an unknown British mint. Issued by T.W. Courlay & Co, Ironmongers, Christchurch, circa 1864. This firm traded briefly in Christchurch, probably from 1862 to 1865. The earliest record of the company was from the 22 October 1862 edition of the local paper the Christchurch Press, which announced that the store would be opening on 15th of September; presumably this advertisement had been running for more than a month by the time the October edition was printed. The store was known as Economy House, and was located in Ferry Road, Christchurch. In 1864 part of Ferry Road was renamed High Street, making it likely that the tokens were issued around this date. The business was listed in local directories until 1865.
Description:
A round copper token (34 mm diameter). The piece features the name, address and business of the issuer: T.W. Gourlay & Co. Economy House High Street Christchurch, ironmongers. The obverse features a cast iron fireplace and the reverse a two-man timber saw.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 34 mm (Diameter)
Weight: 13.393 g (Weight)

More information

Tagged with: agricultural hand tools, furniture, ironmongers, nz.chch, christchurch
Themes this item is part of: T.W. Gourlay & Co., Ironmongers, Christchurch, New Zealand, Numismatics & Philately Collection, Sustainable Futures Collection, Working Life & Trades Collection, Alfred Chitty Collection
Primary Classification: TRADE TOKENS
Secondary Classification: New Zealand
Tertiary Classification: working strikes
Series: Trade Tokens
DateEra: circa 1860 AD
Denomination: 1 Penny
Obverse Description: At centre a cast-iron fireplace, above, T.W. COURLAY & Co. / IMPORTERS / OF below, AND / KITCHENERS / CHRISTCHURCH
Reverse Description: At centre a two-man timber saw, above, ECONOMY HOUSE / BUILDERS / & / FURNISHING below, IRONMONGERS / HIGH STREET
Edge Description: Plain
Inscriptions: Obverse: T.W. COURLAY & Co. IMPORTERS OF AND KITCHENERS CHRISTCHURCH
Reverse: ECONOMY HOUSE BUILDERS & FURNISHING IRONMONGERS HIGH STREET
Shape: Round
Material: Copper
Issued By: T.W. Courlay & Co. Ironmongers, Christchurch, Canterbury, South Island, New Zealand, circa 1860
Previous Collection: Mr Alfred Chitty
References: -The Canterbury Branch of the Royal Numismatic Society of New Zealand. They Made their Own Money: The Story of Early Canterbury Traders & their Tokens. 1950: pp. 23-25.

The mint which produced the Gourlay tokens is unknown but employed one obverse and two reverse dies for their manufacture. Die identification is the basis of standard references and the museum storage system. The reverse dies can be identified as follows:

Reverse Saw Handles Centering bead teeth on saw
1 3.0 mm none 24
2 2.5 mm above saw 22

The following die combinations have been recorded: A/1 (this token), A/2
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 150
  2. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, No. 84/1
  3. [Book], William Lampard, Catalogue of New Zealand Coins Tokens Bank Notes, Royal Numismatic Society of New Zealand Incorporated, Wellington, 1981, No. 320
  4. [Book], Vaughn Humberstone, Merchants Making Money, 2010

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