1 Penny - George Nichols (Melbourne, Victoria) 1862 front 1 Penny - George Nichols (Melbourne, Victoria) 1862 back
1 Penny - George Nichols (Melbourne, Victoria) 1862 photo
© mike c (CC BY-SA)

1 Penny - George Nichols Melbourne, Victoria

1862 year
Copper 15.4 g 35 mm
Description
Issuer
Victoria (Australian States)
Queen
Victoria (1837-1901)
Type
Token
Year
1862
Value
1 Penny (1⁄240)
Currency
Pound sterling (1788-1900)
Composition
Copper
Weight
15.4 g
Diameter
35 mm
Thickness
2.1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#417819
Rarity index
95%

Reverse

Coat of Arms
Stokes ARMS A10/R2

Script: Latin

Lettering:
VICTORIA . 1862
ADVANCE AUSTRALIA
T. STOKES. MAKER ,
100 COLLINS ST. EAST . MELBOURNE

Engraver: T. Stokes

Comment

Mint - T. Stokes 

Image: Reverse Stokes ARMS A10/R2 ‘ADVANCE AUSTRALIA’

Interesting fact

One interesting fact about the Token 1 Penny - George Nichols (Melbourne, Victoria) 1862 from Victoria (Australian States) made of Copper weighing 15.4g is that it was created during a time when there was a severe shortage of official currency in Victoria, Australia. To address this issue, businesses and individuals began issuing their own 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.