Australia Australia 1 penny, ND (1855)

1. Introduction

The Australia 1 penny ND (1855) coin holds a special place in the realm of numismatics as a copper token coin issued during a crucial period in Australian history. This particular piece stands out for its historical significance, unique design elements, and rarity, making it a sought-after collectible among enthusiasts.

2. Historical Background

Issued by Australia in the mid-19th century, the 1 penny copper token served as a form of currency during a time when there was a shortage of official coinage. The coin's connection to Montpellier Retreat Inn in Hobart Town adds a layer of historical intrigue, reflecting the economic landscape of the era.

3. Design Features

The obverse of the coin features the inscription "ONE PENNY TOKEN / PAYABLE ON DEMAND HERE MONTPELLIER RETREAT INN. HOBART TOWN / W.D.WOOD," while the reverse showcases "MONTPELLIER RETREAT INN / W.D.WOOD." These inscriptions provide a glimpse into the coin's purpose and origin, with W.D. Wood likely being the issuer or proprietor of the inn.

4. Technical Specifications

This copper coin measures 34.00mm in diameter and falls under the token coinage category prevalent between 1823 and 1874. The composition of copper gives it a distinct appearance and durability, adding to its appeal among collectors interested in historical coinage.

5. Collectible Value

The Australia 1 penny ND (1855) coin holds both historical and monetary value for collectors. Due to its limited mintage and unique association with Montpellier Retreat Inn, this coin is considered a rare find in numismatic circles. Its collecting significance lies in its representation of Australia's early currency system and the ingenuity of private token issuers during the period. In the current market, this coin's value can vary based on its condition, historical demand, and overall rarity. Collectors keen on acquiring pieces from Australia's numismatic past often seek out such tokens to enrich their collections and delve into the country's monetary history.

6. Conclusion

In conclusion, the Australia 1 penny ND (1855) copper token coin stands as a testament to Australia's numismatic evolution and the innovative approaches taken to address currency shortages in the 19th century. Its unique design, historical significance, and collectible value make it a prized possession for numismatists fascinated by Australia's coinage history. Acquiring this coin not only adds a rare piece to a collection but also serves as a tangible link to a bygone era of monetary diversity and innovation. This detailed exploration of the Australia 1 penny ND (1855) coin sheds light on its importance in the numismatic world, offering collectors and enthusiasts a deeper appreciation for this historical artifact.

Coin Images

Obverse

Reverse