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Token - 1 Penny, Australian Steam Navigation Co, Sydney, New South Wales, Australia, circa 1851 Numismatics Reg. No: NU 11031

Summary:
Brass Token, minted by Whitty and Brown, Sydney. Issued by the Australian Steam Navigation Co, Sydney, 1851. On 30 June 1851 the Hunter River Steam Navigation Company changed its name to the Australasian Steam Navigation Company (ASN Co), when the original company's objectives were felt to be too restrictive. The renamed company immediately ordered two new ships from Britain. Upon their arrival in April 1852 they were engaged on services to Victoria for the booming gold fields trade, and a further six steamers were ordered from Britain by the end of the year. During the 1850s, the ASN Co. engaged in cut-throat competition with a range of other steamship companies in the Australian market, driving a number out of business including the rival Sydney and Melbourne Steam Packet Company.
Description:
A uniface round copper token (31 mm dia) featuring the initials of the issuing company ASNCo and three men wearing hats in a boat on a choppy sea, two are rowing and the third steering.
Acquisition Information:
Transfer from Melbourne Branch of Royal Mint, 1978
Discipline: Numismatics
Dimensions: 32 mm (Diameter)
Weight: 17.487 g (Weight)

More information

Tagged with: navigation, steam navigation
Themes this item is part of: Numismatics & Philately Collection, Working Life & Trades Collection, Royal Mint, Melbourne Branch, Melbourne, Victoria, Whitty & Brown Mint, Medal Makers, Sydney, New South Wales, Branch Mints of the Royal Mint, Deputy Masters of the Melbourne Branch of the Royal Mint, Closure of Melbourne Mint, Melbourne Mint during World War II, Establishment of Melbourne Mint, 1872, Melbourne Mint, Australasian Steam Navigation Co., Australia
Primary Classification: TRADE TOKENS
Secondary Classification: Australia - New South Wales
Tertiary Classification: working strikes
Series: Trade Tokens
DateEra: circa 1851 AD
Denomination: 1 Penny
Obverse Description: The initials of the issuing company ASNCo above three men wearing hats in a boat advancing left on a choppy sea, two are rowing and the third steering
Reverse Description: Blank
Edge Description: Milled
Inscriptions: Obverse: ASNCo
Shape: Round
Material: Copper
Issued By: Australasian Steam Navigation Co., Sydney, New South Wales, Australia, 1850-1855
Mint: Whitty & Brown (Mint), Sydney, New South Wales, Australia, by 1855
Previous Collection: Royal Mint, Melbourne Branch
References: Dr. M.H. Long stated " There was another token that was in circulation when I first arrived in the Colony (1855) whether actually issued as a laborers check or a panny token, I have not been able to ascertain, but it was accepted as currency .... Probably struck by Whitty and Brown." Spink's Numismatic Circular September 1898
John Sharples
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 25
  2. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, No. 17/1

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