1 Penny - Gipps Land Hardware Company (Port Albert & Sale; Victoria) 1862 front 1 Penny - Gipps Land Hardware Company (Port Albert & Sale; Victoria) 1862 back
1 Penny - Gipps Land Hardware Company (Port Albert & Sale; Victoria) 1862 photo
© mike c (CC BY-SA)

1 Penny - Gipps Land Hardware Company Port Albert & Sale; Victoria

1862 year
Copper 15.7 g 34 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
15.7 g
Diameter
34 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#413208
Rarity index
95%

Reverse

Coat of Arms

Script: Latin

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

Engraver: T. Stokes

Comment

Mint - T. Stokes 

Image: Reverse Stokes ARMS A13/R5 ‘ADVANCE VICTORIA’

 

there is other reverse used:

Stokes PLOUGH A-/R3 for  A146/R152

 

The obverse used for

A147/R153 has the legend GIPPSLAND rather than GIPPS LAND and has been restruck. RR+

Interesting fact

One interesting fact about the Token 1 Penny - Gipps Land Hardware Company (Port Albert & Sale; Victoria) 1862 from Victoria (Australian States) made of Copper weighing 15.7g is that it was issued during a time when there was a severe shortage of official currency in the colony of Victoria, and many businesses, including the Gipps Land Hardware Company, issued their own tokens as a form of currency. These tokens were widely accepted and used in trade, and they played an important role in the economy of the time.