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Medal - Kangaroo Office, Melbourne, Victoria, Australia, circa 1853 Numismatics Reg. No: NU 27484

White Metal Medal, minted by W.J. Taylor of London, circa 1853. The medal was used to promote the newly opened Kangaroo Office, in Melbourne, Victoria.

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 prepare 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.
A bronze medal (38 mm diameter) featuring a profile portrait of Queen Victoria and an image of the hand press sent to Melbourne on the Kangaroo.
Discipline: Numismatics
Dimensions: 38 mm (Diameter)
Weight: 17.71 g (Weight)

More information

Tagged with: australian native animals, exhibitions london international great exhibition 1851, exhibitions melbourne 1854
Themes this item is part of: Kangaroo Office Mint, Melbourne, Victoria, 1854-1857, Public Life & Institutions Collection, W.J.Taylor, Mint, London, United Kingdom
Primary Classification: MEDALS
Secondary Classification: Commemorative
Tertiary Classification: governance
Series: Promotional Medals
DateEra: circa 1853 AD
Obverse Description: Crowned head of Queen Victoria facing left; around aboive, VICTORIA; below in small letters the mint details, W.J. TAYLOR. LONDON
Reverse Description: At centre a view of the hand opperated screw-press of the Kangaroo Office, around inside a broad rim, COINS MEDALS AND TRADESMEN'S TOKENS STRUCK; around all on broad rim, KANGAROO OFFICE * MELBOURNE *
Edge Description: Plain
Inscriptions: Obverse: VICTORIA W.J. TAYLOR. LONDON
Shape: round
Material: White Metal
Issued By: Kangaroo Office (Mint), Melbourne, Victoria, Australia
Mint: W.J.Taylor, Mint, England, Great Britain, 1853
Commissioned By: Kangaroo Office (Mint), Melbourne, Victoria, Australia, circa 1853
References: And.784

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