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1 Penny - Davies Alexander and Co Goulburn, New South Wales
| Issuer | Davies Alexander & Co |
|---|---|
| Year | 1865 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pound sterling (1788-1900) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | The New South Wales Colonial Arms displayed centrally in the field, comprising a quartered shield supported by a lion and a kangaroo, surmounted by a crest. The surrounding legend reads AUSTRALIAN STORES ESTABLISHED along the upper arc, with ADVANCE AUSTRALIA and the founding date 1837 incorporated into the design, and GOULBURN positioned in the lower portion of the legend, all enclosed within a beaded border. |
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| Reverse lettering | AUSTRALIAN STORES ESTABLISHED ADVANCE AUSTRALIA 1837 GOULBURN |
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| Additional information |
Davies Alexander & Co operated as a general merchant and ironmongery business in Goulburn during the 1860s, a period when chronic shortages of small-denomination official coinage in the Australian colonies pushed dozens of regional traders to commission private token issues. The Royal Mint had no Australian branch until 1855, and even after Sydney began striking sovereigns, low-denomination copper remained perpetually scarce in country towns. Private tokens filled the gap entirely by local commercial necessity.
Andrews records three distinct varieties for this type — nos. 95 through 97 — distinguished by die differences rather than compositional changes, making attribution dependent on close examination of specific details rather than weight or size alone.