1 Penny - Geo. Petty (Melbourne; Victoria) ND (1860) front 1 Penny - Geo. Petty (Melbourne; Victoria) ND (1860) back
1 Penny - Geo. Petty (Melbourne; Victoria) ND (1860) photo
© noumea

1 Penny - Geo. Petty Melbourne; Victoria ND

1860 year
Copper 14.9 g 35 mm
Description
Issuer
Victoria (Australian States)
Queen
Victoria (1837-1901)
Type
Token
Year
1860
Value
1 Penny (1⁄240)
Currency
Pound sterling (1788-1900)
Composition
Copper
Weight
14.9 g
Diameter
35 mm
Thickness
2.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
16 November 1863
Updated
2024-10-04
References
Numista
N#60601
Rarity index
89%

Reverse

Standing lady holding scales

Script: Latin

Lettering: VICTORIA

Comment

The image is A441/R431 Rarity R2 - Scale bar below V of VICTORIA

The other variety is A440/R430 Rarity R4-5 - Scale Bar level with V of VICTORIA

Interesting fact

One interesting fact about the Token 1 Penny - Geo. Petty (Melbourne; Victoria) ND (1860) from Victoria (Australian States) made of Copper weighing 14.9g is that it was issued during a time when there was a severe shortage of official currency in Victoria, Australia. To address this issue, many businesses and individuals began issuing their own private tokens, like this one, which were accepted as currency by merchants and traders. This coin is a rare example of a privately issued token that was used as a substitute for official currency during this time period.