Introduction

The Australia 1 penny coin, minted in 1858, holds a special place in the realm of numismatics due to its historical significance and unique design features. As a token coin from the mid-19th century, it offers collectors a glimpse into Australia's early commercial history and serves as a valuable artefact for those fascinated by the country's past.

Historical Background

Issued by Larcombe & Company in Brisbane, Australia, this 1 penny token played a crucial role in facilitating everyday transactions during a period when official coinage was scarce. These tokens were often utilized by local businesses, such as furnishing drapers and tailors, to provide small change for customers, thereby filling the void left by the limited government-issued currency.

Coin Images

Obverse

Reverse

Design Features

The obverse of the coin features the inscription "FURNISHING DRAPERS TAILORS & C. / LARCOMBE & COMPy," highlighting the businesses associated with its circulation. On the reverse side, "BRISBANE / LARCOMBE & COMPY / ONE PENNY" is prominently displayed, emphasizing the coin's face value. The simplicity yet elegance of the design reflects the commercial nature of the token and the era in which it was utilized.

Technical Specifications

This Australia 1 penny coin weighs 13.60g and has a diameter of 33.00mm, making it a substantial piece that is easily distinguishable from other contemporary tokens. Crafted from copper, it boasts durability and a characteristic reddish hue that adds to its visual appeal. The clear striking and intricate details further enhance its overall aesthetic value.

Collectible Value

Due to its limited mintage and historical significance, the Australia 1 penny 1858 coin has become a sought-after item among collectors worldwide. Its rarity level, coupled with the growing interest in tokens from this era, contributes to its increasing market value. For numismatists, acquiring this piece not only adds a unique specimen to their collection but also connects them to a fascinating chapter in Australia's commercial past.

Conclusion

In conclusion, the Australia 1 penny 1858 coin stands as a testament to the ingenuity of businesses in addressing the currency needs of the time. Its enduring charm, coupled with its historical context and collectible value, makes it a prized possession for both seasoned collectors and enthusiasts exploring the world of Australian numismatics. By owning this coin, one not only holds a piece of history but also appreciates the evolving monetary landscape of a bygone era.