Coins of the Hawaiian dollar
In 1847, the Kingdom of Hawaiʻi, under the reign of King Kamehaheha III, issued its first official coinage—a large one-cent copper penny—to alleviate the chronic shortage of small denomination coins circulating in the Hawaiian Islands. The next and last official coinage of the Hawaiian Islands was minted in 1883, by King Kalākaua I; however during the intervening period, the changing needs of the Hawaiian Islands were met by circulating private-issued tokens and the coins of the United States of America.
The following is a list of known coins and tokens issued by the Kingdom of Hawaiʻi and various business concerns during the period of 1847 and 1891, with allied Medcalf & Russell numbers:
- 1 Kingdom of Hawaiʻi
- 2 Tokens
- 3 See also
- 4 References
- 5 External links
Kingdom of Hawaiʻi
1847 Kamehaheha III issue
The ill-fated Keneta was commissioned by King Kamehameha III. Coined money was in great demand in the Hawaiian Islands and was in continual shortage in the early nineteenth century. In response, King Kamehameha III devoted Chapter 4, Section 1 of the legal code of 1846 to the monetary system of the kingdom, tying it directly to that of the United States, thus normalizing the rate of transaction of small change in the islands and their corresponding values to United States money. Anticipating growing coined money needs, the legal code also outlined future Hawaiian coin designs.
Of the first coins decided to be acted upon was the Keneta - a copper coin valued at one cent of a U.S. dollar. As the Hawaiian Treasury was in shortage of funds during this period, the copper cent was seen as an initial "affordable" issue to be followed by other denominations at a later date. James Jackson Jarves, acting as agent for the Hawaiian Government, placed an order for 100,000 of these coins in 1846. He contracted Edward Hulseman - best known for his 1837 Half Cent token – to design and engrave the coin. It is not known precisely where the pieces were minted – although Walter Breen in Complete Encyclopedia of U.S. and Colonial Coins asserts that they were produced at the private mint of H. M. & E. I. Richards of Attleboro, Massachusetts; regardless, Jarves was given a note dated January 14, 1847 in the amount of $869.56 by the Minister of Finance as payment for the order.
On 3 May 1847 the merchant ship Montreal arrived in Honolulu after sailing from Boston via Rio de Janeiro, Cape Horn and Tahiti. The Keneta were part of the cargo delivered to the Minister of Finance. When the coins reached the public they proved a grave disappointment. There has been some claim that the denomination was misspelled "Hapa Haneri" instead of the correct "Hapa Hanele" (which translates to "part of a hundred" or loosely "one cent"). However, "Hapa Hanele" is a 20th-century spelling. The spelling "Haneri" was used throughout the 19th century, and also appears on the $100 and $500 bills issued during the reign of King Kalakaua. Reports of the time state that the King's portrait was unrecognizable. In addition, the Keneta also arrived worn or discolored by the humidity and bilge water of the Montreal, in whose hold they had spent many months. Local merchants, who were "against very small transactions," immediately voiced their objections to the coins; and the only general usage witnessed was by governors of the outer islands who used them as change when collecting duties and taxes.
The last known time of issue for the Keneta was in 1862, when 11,595 were still being held in the Treasury vault. Their legal tender status was removed in 1884, and in the following year 88,305 were sold as scrap and shipped out of the country.
The Keneta is about the same size as the United States Large Cent. The coin bears a bust of the king on the obverse surrounded by the legend "KAMEHAMEHA III. KA MOI." and the date 1847 below. The reverse has "HAPA HANERI" within a leafy wreath, tied with a bow at bottom, surrounded by "AUPUNI HAWAII." There are two different obverse varieties: one shows a Plain 4 in the date, while the other has a "Crosslet" 4 (with a vertical bar at the right end of the horizontal line). The Plain 4 is commonly known as the "Small Bust" type, while the Crosslet 4 is called the "Large Bust." There are also six separate varieties of reverse dies with the wreath displaying 13, 15, 17 or 18 berries, with 2CC-6 being the rarest followed by 2CC-1. Modern souvenir restrikes have been made, and have no value.
- Mintage: Circulation strikes: 100,000 Proofs: None
- Designer: Edward Hulseman
- Diameter: ±27 millimeters
- Metal content: Copper: 100%
- Edge: Plain
- Mintmark: None (H. M. & E. I. Richards of Attleboro, Massachusetts?)
- Varieties: Plain and Crosslet 4
Medcalf & Russell numbers
- 2CC-1 HAPA HANELI (part of a hundred, one cent) 1847, Crosslet 4 (tunic laps over 4) - "Large Bust" rev. 18 berries (9x9)
- 2CC-2 HAPA HANELI (part of a hundred, one cent) 1847, Crosslet 4 (tunic laps over 4) - "Large Bust" rev. 15 berries (7x8)
- 2CC-3 HAPA HANELI (part of a hundred, one cent) 1847, Plain 4 (tunic laps over 7) - "Small Bust" rev. 17 berries (8x9)
- 2CC-4 HAPA HANELI (part of a hundred, one cent) 1847, Plain 4 (tunic laps over 7) - "Small Bust" rev. 15 berries (8x7)
- 2CC-5 HAPA HANELI (part of a hundred, one cent) 1847, Plain 4 (tunic laps over 7) - "Small Bust" rev. 13 berries (6x7)
- 2CC-6 HAPA HANELI (part of a hundred, one cent) 1847, Plain 4 (tunic laps over 7) - "Small Bust" rev. 15 berries (7x8)
While ʻIolani Palace was being built, King Kalākaua I embarked on an ambitious trip around the world. In his travels, a French industrialist contacted the king and offered to have coins struck from New Caledonian nickel for the Kingdom of Hawaiʻi. 200 patterns with King Kalākaua in profile were minted in Paris and forwarded to the king upon his return. The coin was not adopted and the patterns were given to persons close to court as tokens of esteem.
A curious fact regarding the coin is that the motto of Hawaii is misspelled: UA (misspelled as AU) MAU KE EA O KA AINA I KA PONO.
Medcalf & Russell numbers
- CN-1 KENETA (five cents) 1881 - nickel
1883 Kalākaua I issues
- CPC-1 HAPAWALU (eighth dollar) 1883 - copper trial
- CPC-2 HAPAHA (quarter dollar) 1883 - copper trial
- CPC-3 HAPALUA (half dollar) 1883 - copper trial
- CPC-4 AKAHI DALA (one dollar) 1883 - copper trial
- CS-1 UMI KENETA (ten cents) 1883 - silver
- CS-2 HAPAWALU (eighth dollar) 1883 - silver
- CS-3 HAPAHA (quarter dollar) 1883 - silver
- CS-3a HAPAHA (quarter dollar) 1883, 8/3 inside 1883 - silver
- CS-4 HAPALUA (half dollar) 1883 - silver
- CS-5 AKAHI DALA (one dollar) 1883 - silver
Mintages of the Hawaiian coins, and the numbers melted by the United States government following their demonetization in 1903, are as follows:
- Umi Keneta: 250,000; Melted: 79.
- Hapaha: 500,000; Melted: 257,400.
- Hapalua: 700,000; Melted: 612,245.
- Akahi Dala: 500,000; Melted: 453,652.
John T. Waterhouse
John Thomas Waterhouse Token
The Waterhouse token is struck in white metal - a substance similar to pewter or plumbers putty. It is recognized as the earliest known Hawaiian token; although the use of the token and the date of issue is unclear. The firm of J. T. Waterhouse, established in 1851, were importers of dry goods in the 19th century; the firm is still active in several business enterprises today.
The obverse features a facing bust of Kamehameha III, though with the surrounding legend reading "HIS MAJESTY KAMEHAMEHA IV". The reverse shows a beehive in the center with the issuer's name at top and "HALE MAIKAI" - meaning house excellent, or a good place to do business - below. The token was known as hale meli in Hawaiian, recalling the beehive on the reverse.
Medcalf and Russell numbers
- 2TE-1 1855–1860 token - pewter
- 2TE-2 obv. W.P. 12½ 1871
- 2TE-3 obv. W.P. 12½ 1871, wider pointed starfish
- 2TE-4 obv. W.P. VI (6½)
- 2TE-5 obv. W.P. VI, wider pointed starfish
- 2TE-6 obv. W.P. 1880, rev. 1RL
- 2TE-7 obv. W.P. 1880, rev. HALF REAL
Kahului & Wailuku Railroad
- 2TE-8 obv. .T.H.H. 12½, rev. R.R. 1879
- 2TE-8a obv. .T.H.H. 12½, rev. R.R. 1879, thicker 2mm planchet
- 2TE-9 obv. T.H.H. 12½ no dot in front of "T", rev. two stars
- 2TE-10 obv. T.H.H. 25, rev. R.R. 1879
- TE-9 10 Cents, 1891
- TE-10 15 Cents, 1891
- TE-11 20 Cents, 1891
- TE-12 25 Cents, 1891
- TE-13 35 Cents, 1891
- TE-14 75 Cents, 1891
- TE-15 obv. HAIKU 1882, rev. ONE RIAL, reeded edge
- TE-15a same, except for plain edge
Grove Ranch Plantation
- TE-16 obv. G.R.P. 1886, rev. 12½
- TE-17 obv. G.R.P. 1887, rev. 12½
Hawaii Crypto Currency (hawaiicoin)
On March 2, 2014 the first digital cryptographic coin tied to Hawaii was created by a process called "mining" where the first "genesis block" was created. The coin, named hawaiicoin, is targeted for public release on March 28, 2014 according to its official website at hicoin.org. Hawaiicoin was developed under the same MIT GNU open source software license agreement as bitcoin. This license means that it is not owned by any commercial entity, but instead the public (community). The software code for hawaiicoin is freely available and open to the public with no restrictions on its use. The coin, also referred to as HIC, is based on the Litecoin Scrypt algorithm and has a maximum mining release of 500 Million coins on or around the year 2050.
- Breen, Walter (1988). Walter Breen's Complete Encyclopedia Of U.S. And Colonial Coins. New York: Doubleday. ISBN 0-385-14207-2.
- Bruce, Colin R. II (senior editor) (2006). 2007 Standard Catalog of World Coins: 1901–2000 (34th ed.). Krause Publications. ISBN 0896893650.
- Kingdom of Hawaii (1846). Statute Laws of His Majesty Kamehameha III, King of the Hawaiian Islands; Passed by the Houses of Nobles and Representatives, During the Twenty-First year of His Reign, and the Third and Fourth years of His Public Recognition, A.D. 1845 and 1846: To which are Appended the Acts of Public Recognition, and the Treaties with Other Nations. Honolulu: Charles E. Hitchcock, Printer, Government Press.
- Krause, Chester L. and Mishler, Clifford. 1995 Standard Catalog of World Coins. Iola, WI: Krause Publications. ISBN 0-87341-281-8.
- Medcalf, Donald & Ronald Russell (1991). Hawaiian Money: Standard Catalog: Second Edition. Honolulu: Nani Stamp & Coin LTD. ISBN 0-9623263-0-5.