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Token - 1 Penny, E. De Carle & Co, Merchants, Dunedin, Otago, New Zealand, 1862 Numismatics Reg. No: NU 3675

Summary:
Copper One Penny Token, mint unknown. 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.
Discipline: Numismatics

More information

Themes this item is part of: E. De Carle & Co., Merchants, Dunedin, Otago, New Zealand, Numismatics & Philately Collection, Working Life & Trades Collection
Primary Classification: TRADE TOKENS
Secondary Classification: New Zealand
Tertiary Classification: working strikes
DateEra: 1862 AD
Denomination: 1 Penny
Inscriptions: (edge)
(obverse)
(reverse)
Shape: Round
Material: Bronze
Issued By: E. De Carle & Co. Merchants, Dunedin, Otago, South Island, New Zealand
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 102
  2. [Book], Vaughn Humberstone, Merchants Making Money, 2010

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