© Heritage Auctions
1 Penny - Robert Hyde and Co. Melbourne, Victoria
| Copper | 14.5 g | 34 mm |
| Issuer | Victoria (Australian States) |
|---|---|
| Type | Token |
| Years | 1857-1861 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound sterling (1788-1900) |
| Composition | Copper |
| Weight | 14.5 g |
| Diameter | 34 mm |
| Thickness | 2 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#26434 |
|---|---|
| Rarity index | 82% |
Reverse
Coat of Arms
Script: Latin
Lettering:
PEACE & PLENTY
ADVANCE AUSTRALIA
1861
Edge
Plain
Interesting fact
One interesting fact about the Token 1 Penny - Robert Hyde and Co. (Melbourne, Victoria) 1857-1861 from Victoria (Australian States) made of Copper weighing 14.5g is that it was used as a form of currency during a time when there was a shortage of official currency in Victoria. The coin was issued by Robert Hyde and Co., a private company, and was accepted as legal tender by many merchants in Melbourne. This coin is a rare example of a privately issued currency that was used in a country that was still a British colony at the time.