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Token - 1 Penny, Hanks & Lloyd, Australian Tea Mart, Sydney, New South Wales, Australia, 1857 Numismatics Reg. No: NU 11193

Summary:
Copper One Penny Token, minted by W.J. Taylor, London. Issued by Hanks & Lloyd, Australian Tea Mart, Sydney, 1855. J.G. Hanks joined A. Lloyd to open a business in 1855. The same year Hanks and Lloyd must have received their first tokens, as the partners used them as commemoratives for the opening of the first Sydney Railway in1855, an excellent publicity opportunity. In 1858 the company had changed name, becoming Hanks & Co. It seems that Lloyd was still participating in the business, but he had always been the junior partner.
Description:
A round copper token (34 mm dia) featuring the name, address and business of the issuing company Hanks & Lloyd Sydney Tea Market.
The Hanks and Lloyd penny token orders employed three obverse and two reverse dies. The reverses are either dated 1855 or 1857 but the obverse die identification is based on the height of the letters in the word SYDNEY, the length of the word HANKS together with the number of border dots.
In this case:
The obverse has 134 dots around the rim. The letters in the word SYDNEY are 3 mm high and HANKS is 18.0 mm long.

The reverse has a border of 135 dots and the P of PEACE almost touches the emu's back - it is from the same die used on the Hanks & Co. 1857 issue see NU3807
Acquisition Information:
Transfer from Melbourne Branch of Royal Mint, 1978
Discipline: Numismatics
Dimensions: 34 mm (Diameter)
Weight: 15.034 g (Weight)

More information

Tagged with: retailing, shops, tea
Themes this item is part of: Hanks & Lloyd, Tea & Coffee Merchants, Sydney, New South Wales, Numismatics & Philately Collection, Sustainable Futures Collection, Working Life & Trades Collection, Royal Mint, Melbourne Branch, Melbourne, Victoria, W.J.Taylor, Mint, London, United Kingdom, 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
Primary Classification: TRADE TOKENS
Secondary Classification: Australia - New South Wales
Tertiary Classification: working strikes
Series: Trade Tokens
DateEra: 1857 AD
Denomination: 1 Penny
Obverse Description: At centre, HANKS / AND / LLOYD; around, AUSTRALIAN TEA MART . SYDNEY .
Reverse Description: Arms of New South Wales; above, PEACE & PLENTY; below, 1857
on ribbon below Arms, ADVANCE AUSTRALIA
Edge Description: Plain
Inscriptions: Obverse: HANKS AND LLOYD AUSTRALIAN TEA MART SYDNEY
Reverse: PEACE & PLENTY 1857 ADVANCE AUSTRALIA
Shape: Round
Material: Copper
Issued By: Hanks & Lloyd, Sydney, New South Wales, Australia, 1855
Mint: W.J.Taylor, Mint, London, England, Great Britain, 1857
Previous Collection: Royal Mint, Melbourne Branch
References: The Hanks and Lloyd penny token orders employed three obverse and two reverse dies. The reverses are easy to identify as they are either dated 1855 or 1857 but the obverse die identification is based on the height of the letters in the word SYDNEY, the length of the word HANKS together with the number of border dots.

In this case:
The obverse has 134 dots around the rim and the letter S in both SYDNEY and HANKS are not re-entered. The letters in the word SYDNEY are 3 mm high and HANKS is 18.0 mm long.

The reverse has a border of 135 dots and the P of PEACE almost touches the emu's back - it is the same die used on the Hanks & Co. 1857 issue see NU3807
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 191
  2. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, No. 97/2

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