Australia ND penny token KM-Tn282.1

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from Steve Album sale 33, lot 2575

This specimen was lot 2575 in Stephen Album sale 33 (Santa Rosa, CA, January 2019), where it sold for $550. The catalog description[1] noted, "AUSTRALIA: AE penny token, ND, Advance Australia token by W. J. Taylor, London, kangaroo and emu facing, NGC graded MS65 RB. William Joseph Taylor was born in Birmingham in 1802. By the 1840s Taylor was established as a medallist and dealer. During his career he produced a considerable number of coins and tokens, mainly for export." Filling a shortage of coinage in the expanding economy, private tokens flourished until finally being banned in the 1870's. The SCWC lists nearly three hundred varieties. Today most are very scarce.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-Tn282.1, Andrews-571, Renniks-5.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 33, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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