1 Penny - T.F. Merry and Co (Toowoomba; Queensland) 1863 front 1 Penny - T.F. Merry and Co (Toowoomba; Queensland) 1863 back
1 Penny - T.F. Merry and Co (Toowoomba; Queensland) 1863 photo
© mike c (CC BY-SA)

1 Penny - T.F. Merry and Co Toowoomba; Queensland

1863 year
Copper 14.5 g 34 mm
Description
Issuer
Queensland (Australian States)
Queen
Victoria (1837-1901)
Type
Token
Year
1863
Value
1 Penny (1⁄240)
Currency
Pound sterling (1788-1900)
Composition
Copper
Weight
14.5 g
Diameter
34 mm
Thickness
2.2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#59108
Rarity index
93%

Reverse

Coat of Arms

Script: Latin

Lettering:
PEACE & PLENTY
ADVANCE AUSTRALIA

Comment

Rarity R2-3

This image: 

A367/R359 A of TOOWOOMBA partly under the 'S' of MERCHANTS

 

Other variety:

A366/R358 A of TOOWOOMBA not under the 'S' (Much rarer - Rarity R7)

Interesting fact

One interesting fact about the Token 1 Penny - T.F. Merry and Co (Toowoomba; Queensland) 1863 from Queensland (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 Australia, particularly in rural areas. As a result, many businesses and individuals began issuing their own private tokens, like this one, to fill the gap. These tokens were often made from copper, like this one, and were used as a form of currency in local transactions. This coin is a rare example of a privately issued token from this time period and is highly sought after by collectors today.