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1 Penny - Martin and Sach Adelaide, South Australia

Issuer Martin & Sach, Ironmongers, Adelaide
Year 1863
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Reference(s) Andrews#352, R#346, Gray#176b, KM#Tn160
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Reverse description The reverse bears an entirely typographic design within a beaded border. The merchant firm name 'MARTIN & SACH' arcs along the upper periphery, with 'ADELAIDE' curving along the lower periphery, flanked by pellet stops. The word 'IRONMONGERS' is prominently inscribed in large raised capital letters across the central field, identifying the issuing trade token merchant.
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Reverse lettering MARTIN & SACH IRONMONGERS ADELAIDE
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Additional information

Martin & Sach operated one of Adelaide's more substantial ironmongery businesses during the copper boom years, and their 1863 token was issued at a moment when the colonial government had still not resolved the chronic small-change shortage plaguing South Australian trade. British regal copper was scarce and hoarded; merchants filled the gap themselves. The Andrews and Renniks references both catalogue this piece, with Gray's 176b designation distinguishing a specific die pairing within the broader Martin & Sach token family.

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