Catalog
| Issuer | New Zealand |
|---|---|
| Year | |
| Type | Emergency coin |
| Value | 1 Penny (1⁄240) |
| Currency | Trade tokens (1857-1881) |
| Composition | Bronze |
| Weight | |
| Diameter | 30 mm |
| Thickness | |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Engraver(s) | |
| In circulation to | |
| Reference(s) | Andrews#435, R#425, Gray#226 |
| Obverse description | |
|---|---|
| Obverse script | Latin |
| Obverse lettering | PERKINS & CO. DRAPERS DUNEDIN |
| Reverse description | Female seated with scales and cornucopia. ship and sea in background |
| Reverse script | Latin |
| Reverse lettering | DUNEDIN NEW ZEALAND |
| Edge | Smooth |
| Mint | |
| Mintage |
ND - A435/R425 - |
| Numisquare ID | 3478969360 |
| Additional information |
Historical Context: This 1 Penny token, issued by Perkins and Co. of Dunedin, New Zealand, emerged during a significant period of currency scarcity in the Australasian colonies, primarily from the 1850s to the 1880s. With official British coinage often insufficient, private merchants like Perkins and Co. issued their own tokens. These served as essential small change, facilitating commerce and reflecting the entrepreneurial spirit of the era in the absence of adequate government-issued currency.
Artistry: The design of the Perkins and Co. Penny token, while not attributed to a specific master engraver, aligns with the utilitarian and commercial stylistic school prevalent in colonial token production. The obverse typically features the company's name and location, "PERKINS & CO. DUNEDIN," often surrounding a central motif or denomination. The reverse frequently displays a common patriotic or allegorical emblem, such as a sheaf of wheat or a Britannia-like figure, rendered with practical clarity, prioritizing legibility and function over intricate detail.
Technical/Grading: Struck in bronze to a diameter of 30mm, the technical quality of these tokens can vary, typical of private minting operations. Key high-points for assessing wear and strike quality include the fine details of the lettering, particularly "PERKINS & CO. DUNEDIN," and any central design elements. Stronger strikes exhibit sharp definition in rim denticles and full separation of design. Common anomalies include slight off-centering, minor planchet flaws, and variable edge definition, reflecting less standardized production compared to sovereign mints.