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1 Penny - Caro, J. and Co. Christchurch
| Issuer | J. Caro & Co., Christchurch |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 1 Penny (1⁄240) |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Technique | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A standing blindfolded male figure occupies the central field, striding to the left while pushing a plough with both hands, symbolising agricultural labour. The allegorical composition alludes to the dual themes of commerce and farming central to Canterbury province's economy. The circular legend TRADE AND AGRICULTURE is divided to either side of the figure in upright Latin capitals. The design is contained within a beaded border, characteristic of New Zealand provincial copper trade tokens of the 1850s–1870s. |
| Reverse script | Latin |
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| Additional information |
J. Caro & Co. operated as a general merchant in Christchurch during the 1870s token period, when the chronic shortage of small British regal coinage in New Zealand forced retailers to commission their own copper pieces. These merchant tokens filled a genuine transactional gap — the nearest Royal Mint supply was months away by sea, and colonial commerce could not wait.
The Roth numbers R#62 and R#74 indicate two distinct varieties exist for this issuer, likely differing in die detail or edge treatment — worth cross-referencing against Gray#41 before attributing.