Æ 1 Stiver, 1838. Diam. 33mm. TRADE & NAVIGATION Commerce seated left on a bale, holding caduceus and palm branch. R. ·PURE COPPER PREFERABLE PREFERABLE TO PAPER around, in centre, ONE STIVER Pridmore 60. Fine*
*US customers please note that this is strict British grading.
Pridmore recorded this as having been issued by a Mr Balgarnie, a Scots dry goods merchant in Water Street, Georgetown. Except for the date, the obverse design is similar to English tokens of 1812-1814 with the reverse value ONE PENNY TOKEN, which has been replaced by ONE STIVER. The reverse inscription was apparently selected as a sarcastic allusion to the local government irredeemable 'Joe' notes which had, by 1838, almost succeeded in driving out of circulation all metallic money.
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