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1 Penny - Hugh Peck Melbourne, Victoria

Issuer Hugh Peck, Melbourne
Year 1862
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Currency Pound sterling (1788-1900)
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Obverse lettering 67 LITTLE COLLINS STREET EAST ESTATE AGENT & MONEY LENDER HUGH PECK HOTEL BROKER & VALUATOR ESTABLISHED 1853 MELBOURNE
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Reverse script Latin
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Additional information

Hugh Peck operated a general store and ironmongery in Melbourne during the 1860s, a period when chronic shortages of official British regal coinage in the Australian colonies forced merchants to issue their own copper tokens to make change. These tradesman's tokens circulated widely and practically — without them, small retail transactions would have been near impossible. The colonial authorities tolerated the practice until the 1860s, when improved supplies of imperial coinage and growing pressure for monetary uniformity led to their suppression.

The Andrews and Ramsden references place this among the better-documented Victorian merchant issues, though Peck himself left little commercial record beyond the tokens bearing his name.

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