Australia Australia 1 penny, ND (1862)

1. Introduction
   The Australia 1 penny coin, minted in 1862, holds a special place in numismatic history as a token of the economic landscape of that era. With its distinctive design and historical significance, this coin is a sought-after collectible for enthusiasts worldwide.
2. Historical Background
   Issued by Australia, this 1 penny token was a crucial part of the country's economy during the mid-19th century. These tokens were used as a means of trade and were often redeemable for goods or services from the issuing authority, such as Joseph Moir, an ironmonger based in Hobart Town.
3. Design Features
   The obverse of the coin features the inscription "HOBART TOWN / JOSEPH MOIR / WHOLESALE AND RETAIL IRONMONGER ESTABLISHMENT 1800," showcasing the issuer's details. On the reverse side, "ECONOMY HOUSE / MURRY STREET / ONE PENNY TOKEN / PAYABLE ON DEMAND HERE" signifies the coin's value and redeemable location.
4. Technical Specifications
   This Australia 1 penny coin has a diameter of 34.00mm and is composed of copper, a common material for tokens of this era. The coin's weight, precise minting details, and other technical specifications add to its allure for collectors and numismatists.
5. Collectible Value
   Due to its limited mintage and historical significance, the Australia 1 penny coin from 1862 holds a notable collectible value. Its rarity and unique design elements contribute to its desirability among collectors, with prices reflecting both its historical importance and condition.
6. Conclusion
   In conclusion, the Australia 1 penny coin from 1862 stands as a testament to Australia's economic history and the role of token coinage during the 19th century. Its intricate design, historical context, and collectible value make it a prized addition to any numismatist's collection, showcasing the rich heritage of Australian coinage. By exploring the intricate details and historical significance of the Australia 1 penny coin, collectors and enthusiasts can appreciate the unique charm and value this rare copper token offers in the world of numismatics.

Coin Images

Obverse

Reverse