This W. Petersen copper penny token is a scarce example of New Zealand trade tokens. Struck between 1863 and 1869, these tokens were commissioned by W. Petersen, a Watchmaker and Jeweller located on High Street. During this period, the Canterbury province faced a severe shortage of official British regal copper, necessitating the use of private merchant tokens to sustain local retail liquidity.
country: New Zealand
year: 1863-69
grade: VG
VG indicates very good condition with light wear and clearly readable details for its age.
