© Heritage Auctions
© Heritage Auctions
1 Penny - W.J. Taylor Advance Australia ND
1860 year| Copper | 14.9 g | 34 mm |
| Issuer | Victoria (Australian States) |
|---|---|
| Queen | Victoria (1837-1901) |
| Type | Token |
| Year | 1860 |
| Value | 1 Penny (1⁄240) |
| Currency | Pound sterling (1788-1900) |
| Composition | Copper |
| Weight | 14.9 g |
| Diameter | 34 mm |
| Thickness | 2.1 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 16 November 1863 |
| Updated | 2024-10-04 |
| Numista | N#17321 |
|---|---|
| Rarity index | 90% |
Reverse
Text in an inner circle surrounded by more text
Script: Latin
Lettering:
ADVANCE AUSTRALIA
ONE
PENNY
Engraver: W.J. Taylor
Comment
Minted by W.J Taylor, London, circa 1860. These token were manufactured in London by Taylor, then imported into Australia and wholesaled to merchants in the Eastern colonies. The Reverse is found on many local colonial trade tokens.Interesting fact
One interesting fact about the A Token 1 Penny - W.J. Taylor (Advance Australia) ND (1860) from Victoria (Australian States) made of Copper weighing 14.9 g is that it was created during a time when there was a severe shortage of official currency in Australia, particularly in rural areas. As a result, private businesses and individuals began issuing their own tokens, like this one, to serve as a medium of exchange. 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 Australia during that time period.
