Summary

Copper One Penny Token, mint unknown. Issued by E. De Carle & Co, Merchants, Dunedin, circa 1862. De Carle arrived in Australia in 1849. Over the following fourteen years he was involved in a wide range of business ventures in Melbourne, taking advantage of the explosive growth caused by the gold rush. He later moved to New Zealand, where established this business. Lampard (p.40) reports that De Carle wrote to the 'Daily Telegraph' on 18 Feb 1862 to advise the public that his tokens would circulate as halfpennies not as pennies. De Carle's three different tokens, which featured his business as 'Grocers and Spirit Merchants,' 'Auctioneers and Land Agents' and 'Auctioneers, etc.,' indicated the range of his business activities and speculation. He was also involved in the urbanisation of Footscray and a section of Brunswick. De Carle operated his businesses with a number of partners, in a network of business dealings.

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