Brisbane 1863 penny token KM-Tn165

from Steve Album sale 33, lot 2571

This specimen was lot 2571 in Stephen Album sale 33 (Santa Rosa, CA, January 2019), where it sold for $700. The catalog description^[1] noted, "AUSTRALIA: AE penny token, 1863, Merry & Bush, Brisbane, Queensland, listed as R4 by Rennik, brown with a few tiny hints of red, AU." 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-Tn165, Renniks-357, Andrews-364.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• 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.

Link to:

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• Sydney 1860 3 pence token KM-Tn118, Hogarth & Erichsen
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• Brisbane 1864 penny token KM-Tn208, J. Sawyer
• Toowoomba (1863) penny token KM-Tn167.2, T. F. Merry & Co.
• Melbourne (1862) penny token KM-Tn189, Hugh Peck
• Melbourne 1862 penny token KM-Tn235, T. Stokes
• Australia 1863-S sovereign
• Australia ND penny token KM-Tn282.1 Advance Australia
• Coins and currency dated 1863
• return to coins of Australia