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1/2 Penny - Auctori Plebis "Hispaniola"

Issuer Private Issue for Hispaniola
Year 1736
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Value 1/2 Penny (1⁄480)
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Obverse script Latin
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Edge Plain
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Additional information

The "Auctori Plebis" tokens were struck in England — almost certainly in Birmingham — and shipped to Hispaniola for use in a colonial economy chronically starved of small change. The Latin phrase translates roughly as "by authority of the people," a curious declaration for a privately commissioned piece with no official sanction from any crown. Whether the issuer was a merchant consortium or a single planter interest remains unresolved in the literature.

Atkins catalogued this type in 1889, and it has remained one of the more elusive Caribbean token issues. The KM Tn1 designation reflects its status as a necessity piece rather than a regal coinage.

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