1 Penny - J. Taylor (Ballarat; Victoria) 1862 front 1 Penny - J. Taylor (Ballarat; Victoria) 1862 back
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1 Penny - J. Taylor Ballarat; Victoria

1862 year
Copper 14.9 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
14.9 g
Diameter
34 mm
Thickness
2.1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
1863
Updated
2024-10-03
References
Numista
N#185198
Rarity index
94%

Reverse

Script: Latin

Lettering:
VICTORIA 1862
STOKES MAKER MEL
IN VINO VERITAS

Comment

Rarity R7

Interesting fact

One interesting fact about the Token 1 Penny - J. Taylor (Ballarat; Victoria) 1862 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 the colony of Victoria, Australia. To address this issue, businesses and individuals began issuing their own private tokens, like this one, which were accepted as currency by the community. This coin is a rare example of a privately issued token that has survived to this day, providing a unique glimpse into the economic history of Australia during that time period.