Andrews-101; Lampard-315b; KM-TN17; Gray-62; Renniks-113. Rarity 3. Seated justice left, "Vivant Regina" above, date in exergue; Reverse: Crowned arms of the United Kingdom, "E. De Carle & Co Merchants Dunedin Otago" divided by arms. About one year after these were issued E. De Carle & Co advertised that these tokens should circulate as halfpence. Well struck and lightly circulated with lovely smooth chocolate patina. NGC AU-58 BN.
