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1 Penny - A. Toogood Sydney, New South Wales
| Issuer | A. Toogood |
|---|---|
| Year | 1855 |
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| Currency | Pound sterling (1788-1900) |
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| Obverse description | A draped allegorical female figure, representing Commerce or Justice, is depicted seated facing left in the central field, holding a balance scale in her raised left hand. To the lower left, a sailing ship is visible on water, evoking themes of maritime trade. The date 1855 appears in the lower exergue in raised numerals. The circumferential legend AUSTRALIA is arranged around the upper periphery, enclosed within a beaded border. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
A. Toogood operated a wholesale and retail business in Sydney during the mid-1850s, a period when the colonial government had utterly failed to supply sufficient small-denomination coinage to meet everyday commerce. Merchants across New South Wales filled the gap themselves, commissioning private token issues struck mostly in Birmingham — Heaton's being the dominant supplier — and circulating them as functional currency within their trading networks.
The Andrews and Renniks references place this among a well-documented class of New South Wales merchant tokens, but survivor populations remain genuinely small.