1 Penny - J. Taylor Ballarat; Victoria
1862 year| Copper | 13.5 g | 34 mm |
| 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 | 13.5 g |
| Diameter | 34 mm |
| Thickness | 2 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 1863 |
| Updated | 2024-10-03 |
| Numista | N#412052 |
|---|---|
| Rarity index | 100% |
Reverse
Stokes ARMS die A13/R5
Script: Latin
Lettering:
VICTORIA. 1862
T. STOKES MAKER
100 COLLINS ST EAST MELBOURNE
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 13.5g is that it was issued during a time when there was a severe shortage of official currency in the colony of Victoria, Australia. This shortage led to the creation of private token currencies, like this coin, which were issued by businesses and individuals to fill the gap. The J. Taylor penny, in particular, was issued by a baker named John Taylor in Ballarat, and it features an image of a sailing ship on one side and the value "1 Penny" on the other. Despite being made of copper, this coin was not officially recognized as legal tender, and its value was not backed by the government.
