The first issue was issued in 1929 by the self-declared 'King of Lundy', Martin Coles Harman, who was an English businessman, born in 1885 in Steyning, Sussex, who bought Lundy in 1925. There were two coins – the Half Puffin and the One Puffin, which were rated at the same nominal value as the British halfpenny and penny. The obverse of the coins depict a portrait facing left with 'MARTIN·COLES·HARMAN'. The edges of the coins are lettered with the inscription 'LUNDY LIGHTS AND LEADS', a reference to the island's two lighthouses. The reverse of the Half Puffin coin depicts a puffin's head; half a Puffin. The reverse of the One Puffin coin depicts a puffin facing left on a rocky ledge. The unfussy and strong design of the coins is regarded as more than competent with significant modernist touches which foresee the high 1930s design school. The coin was called the puffin because the islanders had a long history of bartering puffin feathers for food and other commodities. The coins were made of bronze, and landed Harman in trouble with the British authorities in 1930 for unauthorised minting of money.