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1 Penny - Grattan, R. (Auckland)

Issuer R. Grattan
Year 1872
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Currency Trade tokens (1857-1881)
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Obverse script Latin
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Edge Plain
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Additional information

R. Grattan operated a grocery and provision business in Auckland during the early 1870s, issuing this token at a moment when colonial New Zealand suffered a persistent shortage of official small change. The Auckland Provincial Government had no authority to mint coin, and the imperial supply from Britain was chronically inadequate for retail trade — a gap that dozens of local merchants filled with their own copper issues. Grattan's token circulates among a well-documented cluster of Auckland tradesmen's pieces from the same period, most struck in Birmingham by firms supplying the antipodean colonial market.

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