© noumea
© noumea
1 Penny - J.R. Grundy Ballarat; Victoria
1861 year| Copper | 14.5 g | 34 mm |
| Issuer | Victoria (Australian States) |
|---|---|
| Queen | Victoria (1837-1901) |
| Type | Token |
| Year | 1861 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound sterling (1788-1900) |
| Composition | Copper |
| Weight | 14.5 g |
| Diameter | 34 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 1863 |
| Updated | 2024-10-04 |
| Numista | N#59311 |
|---|---|
| Rarity index | 89% |
Reverse
In the center is a woman (Justice) with a bandage over her eyes and a scale in her right hand, looking to the left, in the background the ship is sailing to the left, legend around
Script: Latin
Lettering:
INDUSTRIA FIDES OMNIA VINCET
VICTORIA
Comment
image is A157/R162 Rarity R4
The other is A158/R163 Rarity R7 (inverted Vs with no cross bars on the Obverse)
Interesting fact
One interesting fact about the Token 1 Penny - J.R. Grundy (Ballarat; Victoria) 1861 from Victoria (Australian States) made of Copper weighing 14.5g 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, many businesses and individuals began issuing their own private tokens, like this one, which were accepted as a form of payment. 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.
