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1 Penny Wallace, James - Wellington
| Issuer | James Wallace |
|---|---|
| Year | 1859 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Trade tokens (1857-1881) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
James Wallace operated a general store in Wellington during the 1850s, and like many provincial New Zealand merchants of the period, issued his own copper tokens to alleviate the chronic shortage of small change that plagued the colony. British regal coinage was scarce and hoarded; locally issued tradesman's tokens filled the gap until the New Zealand Copper Coinage Act of 1881 finally rendered them illegal. Renniks 566 is among the less frequently encountered Wellington merchant issues — the Wellington token series as a whole is considerably thinner than Auckland's.