1 Penny - W. Froomes (Castlemaine; Victoria) 1862 front 1 Penny - W. Froomes (Castlemaine; Victoria) 1862 back
1 Penny - W. Froomes (Castlemaine; Victoria) 1862 photo
© mike c (CC BY-SA)

1 Penny - W. Froomes Castlemaine; Victoria

1862 year
Copper 13.4 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
13.4 g
Diameter
34 mm
Thickness
2.1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#413195
Rarity index
94%

Reverse

Coat of Arms

Script: Latin

Lettering:
VICTORIA 1862
ADVANCE VICTORIA
T.STOKES MAKER
100 COLLINS ST.EAST MELBOURNE

Engraver: T. Stokes

Comment

Mint - T. Stokes 

Rarity R4-5

 

Image: Reverse Stokes ARMS A13/R5 ‘ADVANCE VICTORIA’

Interesting fact

One interesting fact about the Token 1 Penny - W. Froomes (Castlemaine; Victoria) 1862 from Victoria (Australian States) made of Copper weighing 13.4 g is that it was issued during a time when there was a severe shortage of official currency in Victoria, Australia. To address this issue, many businesses and individuals began issuing their own private tokens, like this one, which were accepted as currency by the local community. 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 Victoria during that time period.