© noumea
© noumea
1 Penny - Smith, Peate and Co Sydney; New South Wales
1856 year| Copper | - | 34 mm |
| Issuer | New South Wales (Australian States) |
|---|---|
| Queen | Victoria (1837-1901) |
| Type | Token |
| Year | 1856 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound sterling (1788-1900) |
| Composition | Copper |
| Diameter | 34 mm |
| Thickness | 2.2 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#60746 |
|---|---|
| Rarity index | 88% |
Reverse
Text only
Script: Latin
Lettering:
SMITH.PEATE & CO
GROCERS TEA DEALERS & WINE MERCHANTS
258 & 260 GEORGE ST SYDNEY
Comment
Note. 1836 established.
issued?
Gray notes that this series is difficult to identify and suggests 4 main types based on Andrews 1919 rubbings.
He suggests that A480 is really A481, A482 has not seen seen, A484 not seen and assumed to be A481.
Page 133 of Gray if interested.
Difficult to identify from the picture but assumed to be A483 based on dot and E of GEORGE slightly right of E of SYDNEY
Information from Museums Victoria.
https://collections.museumsvictoria.com.au/articles/2457
Interesting fact
One interesting fact about the Token 1 Penny - Smith, Peate and Co (Sydney; New South Wales) 1856 from New South Wales (Australian States) made of Copper is that it was used as a form of currency during a time when there was a shortage of official currency in the colony. The coin was issued by a private company, Smith, Peate and Co, and was accepted as legal tender by many businesses in the area. This coin is a unique piece of Australian history and a great example of how private enterprise can help fill a need in the economy.
