Where is it from?

Association locations map

Tags

Add your own tags:
Separate multiple tags using a comma

Token - Halfpenny, Advertising, Late Strike, Kangaroo Office, Melbourne, Victoria, Australia, circa 1918 Numismatics Reg. No: NU 3050

Summary:
Copper Halfpenny Token, minted by Stokes & Sons, in Melbourne, in 1918. Restrike of a token minted and issued by the Kangaroo Office, Melbourne, in 1854 to advertise their 1/4 ounce, 1/2 ounce, 1 ounce and 2 ounce gold pieces. This token has been struck with an incomplete reverse die.

W. J. Taylor and his business partners established the Kangaroo Office to take advantage of the explosive economic growth in Australia following the discovery of gold in 1851. They hoped to buy gold at greatly reduced prices from the gold fields and then release it at full value in the form of quarter-ounce, half-ounce, one ounce and two ounce gold coins. However due to the time required to travel between London and Melbourne, once the Kangaroo Office was ready for business in 1854, an increase in the number of British sovereigns, had seen the price of gold rise, and the potential profits for the Kangaroo Office sharply decline. Not deterred, in late 1954 Taylor prepared dies for a series of pattern copper tokens that it was hoped could be produced in Melbourne by the Kangaroo Office for circulation within Australia. It appears that this did not succeed, and in 1855 Taylor began to create shilling and sixpence patterns in silver. However the Kangaroo Office again failed to obtain authority to strike and circulate these silver tokens and in 1857 the Kangaroo Office closed.
Description:
A round copper token (28 mm diameter) advertising the Kangaroo Office gold pieces: PIECES OF 1/4 1/2 1 & 2 oz PURE AUSTRALIAN GOLD ISSUED AT THE KANGAROO OFFICE PORT PHILLIP NATIVE GOLD EXCHANGED ON THE BEST TERMS. The reverse features a Kangaroo seated on tail in grassy field facing right, around above, MELBOURNE; exergue plain, die deteriorated.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 28 mm (Diameter)
Weight: 10.864 g (Weight)

More information

Tagged with: late strikes
Themes this item is part of: Numismatics & Philately Collection, Working Life & Trades Collection, Kangaroo Office Mint, Melbourne, Victoria, 1854-1857, Stokes & Son, Medal Makers, Melbourne, Victoria & Sydney, New South Wales, Stokes & Son, Medal Makers, Melbourne, Victoria & Sydney, New South Wales, Alfred Chitty Collection
Primary Classification: TRADE TOKENS
Secondary Classification: Australia - Victoria
Tertiary Classification: late strikes
Series: Trade Tokens
DateEra: circa 1918 AD
Denomination: Halfpenny
Obverse Description: Legend in ten lines, the first and last curved around the rim: PIECES OF 1/4 1/2 1 & 2 oz / PURE / AUSTRALIAN / GOLD ISSUED AT THE / KANGAROO OFFICE / PORT PHILLIP / NATIVE GOLD / EXCHANGED / ON THE BEST TERMS
Reverse Description: Kangaroo seated on tail in grassy field facing right, around above, MELBOURNE; exergue plain
Inscriptions: Obverse: PIECES OF 1/4 1/2 1 & 2 oz PURE AUSTRALIAN GOLD ISSUED AT THE KANGAROO OFFICE PORT PHILLIP NATIVE GOLD EXCHANGED ON THE BEST TERMS
Reverse: MELBOURNE
Shape: round
Material: Copper
Issued By: Stokes & Sons (Mint), Melbourne, Victoria, Australia
Mint: Stokes & Sons (Mint), 1857-1918
Engraver: Kangaroo Office (Mint)
Previous Collection: Mr Alfred Chitty
Bibliography:
  1. [Book], Dr Arthur Andrews, Australasian Tokens and Coins, Trustees of the Mitchell Library, Sydney, Sydney, 1921, No. 783
  2. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, Related to No. 63
  3. [Article] Sharples, John P. 1993. A Catalogue of the Trade Tokens of Victoria 1848 to 1862. Journal of the Numismatic Association of Australia. vol.7: p.1-77., V. 171

Add your comment

  • Museum Victoria does not provide valuations, for more information please visit the valuation infosheet
  • Please note that Museum Victoria staff will not normally respond to comments posted on our website.
Yes No