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Token - 1 Penny, Cast, Hanks & Lloyd, Australian Tea Mart, Sydney, New South Wales, Australia, circa 1855 Numismatics Reg. No: NU 18887

Summary:
Brass One Penny Cast Token, possibly created by Whitty, circa 1855. Based on Penny Token issued by Hanks & Lloyd, Australian Tea Mart. Cast trade tokens are probably best all considered counterfeits. Exceptions might be cast examples of the Whitty & Brown trade tokens. Whitty was a brass founder, Brown and engraver. After dissolution of their partnership, Whitty continued to produce crudely cast pieces which were accepted as currency equally with struck tokens "the public being not in the least particular"' Dr. Mark Long. Spinks' Numismatic Circular Sept. 1898 - as quoted in Heyde p. 85.

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 cast copy of a round token (33 mm dia) featuring the name, address and business of the company Hanks & Lloyd Sydney Tea Market. The reverse commemorates the opening of the Sydney Railway in 1855. The token has a large hole.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 33 mm (Diameter)
Weight: 13.78 g (Weight)
Dimension Comment: Holed

More information

Tagged with: counterfeits
Themes this item is part of: Hanks & Lloyd, Tea & Coffee Merchants, Sydney, New South Wales, Numismatics & Philately Collection, Working Life & Trades Collection, Alfred Chitty Collection
Primary Classification: TRADE TOKENS
Secondary Classification: Australia - New South Wales
Tertiary Classification: circulating casts
Series: Trade Tokens
DateEra: circa 1855 AD
Denomination: 1 Penny
Obverse Description: At centre, HANKS / AND / LLOYD; around, AUSTRALIAN TEA MART . SYDNEY .
Reverse Description: TO COMMEMORATE THE OPENING OF / THE / SYDNEY / RAILWAY / 26TH SEPTR / 1855
Edge Description: Plain
Inscriptions: Obverse: HANKS AND LLOYD AUSTRALIAN TEA MART SYDNEY
Reverse: TO COMMEMORATE THE OPENING OF THE SYDNEY RAILWAY 26TH SEPTR 1855
Shape: round
Material: Brass
Issued By: Sydney, New South Wales, Australia
Previous Collection: Mr Alfred Chitty
References: Cast trade tokens are probably best all considered counterfeits. Exceptions might be cast examples of the Whitty & Brown trade tokens - 'Whitty was a brass founder, Brown and engraver. After dissolution of their partnership, Whitty continued to produce crudely cast pieces which were accepted as currency equally with struck tokens "the public being not in the least particular"' Dr. Mark Long. Spinks' Numismatic Circular Sept. 1898 - as quoted in Heyde p. 85.
The Advance Australia type by Whitty & Brown was copied from an anonymous W.J.Taylor of London issue and occurs both struck and cast. How one should classify a cast example of an unauthorised copy of an anonymous unofficial trade token is interesting.
Bibliography:
  1. [Book], Dion Skinner - Renniks & Co Pty Ltd, Gilbert Heyde, Unofficial Coins of Colonial Australia and New Zealand, 1967, p.85 Pages

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