1 Penny - Stead Bros - Vines (Bendigo; Victoria) 1862 front 1 Penny - Stead Bros - Vines (Bendigo; Victoria) 1862 back
1 Penny - Stead Bros - Vines (Bendigo; Victoria) 1862 photo
© Ian

1 Penny - Stead Bros - Vines Bendigo; Victoria

1862 year
Copper 15 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
15 g
Diameter
34 mm
Thickness
2.4 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#321879
Rarity index
94%

Reverse

Legend around vines and grapes

Script: Latin

Lettering:
VICTORIA 1862
IN VINO VERITAS

Translation: In wine is truth

Edge

Plain

Comment

One Penny Token, minted by Thomas Stokes, Melbourne. Issued by Stead Bros, Grocers & Seedsmen, Bendigo, Victoria, 1862. The three Stead brothers came to Victoria in the early 1850s from Leeds in England. They established themselves as 'fruiteries, grocers and produce merchants' in Bendigo.

Interesting fact

One interesting fact about the Token 1 Penny - Stead Bros - Vines (Bendigo; Victoria) 1862 from Victoria (Australian States) made of Copper weighing 15g is that it was issued during a time when there was a severe shortage of official currency in the colony of Victoria, and private tokens like this one were used as a substitute for official currency.