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1 Penny - R. Josephs New Town, Van Diemen's Land
| Issuer | R. Josephs (New Town Toll Gate) |
|---|---|
| Year | 1855 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 2 mm |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Plain |
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| Additional information |
Van Diemen's Land — renamed Tasmania in 1856, just one year after this piece was struck — suffered chronic small-change shortages throughout the colonial period, a problem the British government was slow to remedy. Merchants and toll operators filled the void themselves, issuing copper tokens that circulated on local trust rather than crown authority. R. Josephs operated the New Town Toll Gate on the road north out of Hobart, and this penny token would have passed through working hands daily as a practical substitute for official coinage the colonial economy simply couldn't supply in sufficient quantity.