Tokens In Demand
(New Zealand Press Association)
AUCKLAND, Jan. 11. The current interest in coins brought about by the coming change to decimal coinage has even inflated the value of locally-minted copper tokens. The tokens, which were introduced about 1857, were worth between Is 6d and 2s to collectors. Today, copper tokens in good condition fetch between 10s and 12s. An Auckland numismatist, Dr. L. K. Gluckman, said today that most of the tokens were issued by merchants to
ease the shortage of change. “They were all in copper and were used as half-pennies and pennies,” he said. Eventually the tokens became accepted currency and were used throughout New Zealand until 1897 when legislation made them Illegal. A typical copper token, found by Mr E. L. Ansell, of Blockhouse Bay, bears the effigy of Samuel Coombes, a manufacturing clothier, tailor and outfitter. Mr Coombes owned shops in Queen street, Albert street and Graham Town.
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Press, Volume CV, Issue 30956, 12 January 1966, Page 1
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154Tokens In Demand Press, Volume CV, Issue 30956, 12 January 1966, Page 1
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This newspaper was digitised in partnership with Christchurch City Libraries.
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