1 Penny - Morrin and Co. Auckland

Morrin & Co. operated as one of Auckland's principal general merchants and importers during the 1860s, a period when New Zealand had no domestic copper coinage and British pennies were chronically scarce in the colony. Private tradesman's tokens filled the gap entirely. Thomas Morrin issued these pieces not as a vanity exercise but out of commercial necessity — small change was genuinely hard to source, and retailers who couldn't make change lost sales.

The Andrews and Renniks reference spread across four variety numbers reflects meaningful die differences across the issue's six-year run, making this one of the more actively collected New Zealand token series.