OLD GOLD TOKEN
USE DURING COIN SHORTAGE An interesting relic of the days when gold was in free circulation is in the possession of a retired banker now living in Auckland: A shortage of sovereigns in South Australia in the 'fifties caused such inconvenience to business houses that some of them had gold tokens minted and these were used as sovereigns. The 0110 in Auckland is dated 1852 and has a crown instead of a head, the encircling inscription reading: "Government Assay Office, Adelaide. On tho reverse side arc tho words; * Value one pound," encircled by a declaration of the weight and quality of the gold, in this case the inscription being: "Weight, sd\vt. 15grs. 22 carats." The value of the token now is £2 15s to £3.
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21297, 26 September 1932, Page 11
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128OLD GOLD TOKEN New Zealand Herald, Volume LXIX, Issue 21297, 26 September 1932, Page 11
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