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1 Penny - T.H.Jones and Co Ipswich, Queensland

Issuer T.H. Jones & Co.
Year 1862
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Thickness 2.1 mm
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Obverse script Latin
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Reverse description The reverse bears entirely typographic content arranged in two concentric zones within a beaded border. The outer legend reads IRONMONGERS & GENERAL IMPORTERS, disposed around the full circumference. The central field contains four lines of raised incuse lettering: T.H. JONES & CO. / IPSWICH / QUEENSLAND / AUSTRALIA, identifying the issuing firm and its location. A plain inner circle separates the peripheral legend from the central inscription.
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Additional information

T.H. Jones & Co. operated a general store in Ipswich during Queensland's early colonial period, when the chronic shortage of small change forced merchants across the Australian colonies to commission their own copper tokens rather than wait for an adequate supply of imperial coinage. Queensland had only separated from New South Wales in 1859, and its monetary infrastructure lagged badly behind its sudden administrative independence. These merchant tokens filled a genuine transactional void.

The Gray#149b reference indicates a recognized variety within the series — Ipswich tokens from this period show enough die variation to reward close attribution work.

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