This 1874 trade token comes from Grahamstown, New Zealand, issued by George McCaul — a coppersmith, tinsmith, plumber and gasfitter — and reflects the practical private coinage used during a shortage of small British denomination coins.
This collector piece is a historic business token rather than government coinage, offering a tangible link to everyday commercial life in 19th-century New Zealand.
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Country: New Zealand
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Year: 1874
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Denomination: Trade token (merchant issue)
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Composition: Copper (merchant token)
