1860-64 New Zealand Trade Token J Caro & CoThis J. Caro & Co. copper penny token was issued between 1860 and 1864 in Christchurch. During the mid 19th century, a chronic shortage of official British regal coinage forced local merchants to issue their own private currency to facilitate daily transactions. This specimen represents a critical era of Canterbury colonial commerce, featuring the merchant's name and location, which served as both a medium of exchange and a form of local

“Unc” (Uncirculated) indicates the coin shows no signs of circulation and retains its original surface quality

These coins are sought after for their historical connection to Caribbean trade and colonial administration

presenting clear design elements and traditional coinage character from New Zealand

presented in a pristine frosted proof finish

denomination: 10 Pfennigs

Composition: Cotton-based banknote paper

- Information Card

000 proof sets were issued in 1953

gVF indicates a coin that is between good and very fine condition: it shows light to moderate circulation wear while retaining clear design details and readable legends

even wear across the high points while finer devices and legends remain clear

reflecting a well-used but authentic survivor of the period

"Very Fine" indicates a circulated banknote with moderate handling