1 Penny - Stewart and Hemmant Brisbane and Rockhampton, Queensland

Stewart and Hemmant operated as a general merchant and ironmonger firm with stores in both Brisbane and Rockhampton, and this token was struck to address a chronic small-change shortage that plagued Queensland throughout the early 1860s. Colonial coinage supply from Britain was perpetually inadequate for retail trade at the settlement frontier, pushing merchants to commission their own copper. The firm used Stokes and Martin of Melbourne as its die-cutter, the dominant supplier for Australian trade tokens of this period.

The dual-city attribution — Brisbane and Rockhampton — on a single token is uncommon and reflects the firm's genuine two-location operation rather than a marketing affectation.