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Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1885
... of coins, tokens and even ‘promissory’ notes (often called IOU’s... so a wide variety of coins, tokens and even ‘promissory ...This Great Britain one shilling coin is dated 1885, which is during the reign of Queen Victoria. There were over 3 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. The obverse side of the coin’s inscription translation is “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. The engraver of the obverse image was William Wyon. The reverse side of the coin is inscribed "ONE SHILLING. The engraver of the reverse image was Jean Baptiste Merlen. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. Coin, Great Britain Shilling, 1885. Silver coin, round. Obverse; Queen Victoria head, ‘Young Head’, looking left. Reverse; crown on top of wreath. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITANNIAR : REG : F : D :” Reverse “ONE SHILLING, 1885” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1885, queen victoria currency, colonial australia currency, wlliam wyon, jean baptiste merlen, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1897
... ‘promissory’ notes (often called IOU’s) were used in the exchange... of coins, tokens and even ‘promissory’ notes (often called IOU’s ...This Great Britain one shilling coin is dated 1897, which is during the reign of Queen Victoria. There were over 6 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. The obverse side of the coin was designed by Thomas Brock. The inscription’s translation is “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith, Empress of India”. The reverse side of the coin was designed by Edward Paynter. The inscription "HONI SOIT QUI MAL Y PENSE" translates as "Evil be to him who evil thinks". AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 Spanish dollars were imported and converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then counter-stamped and used as the official currency. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced, removing the power from the States. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Great Britain Shilling, 1897. Silver coin, round. Obverse; Queen Victoria head, ‘Old Head’, looking left. Reverse; 3 shields (each crowned) - 3 passant lions (England), 1 rampant lion (Scotland), golden harp (Northern Ireland) - floral symbols between them – 1 open rose, 2 thistles. Inscriptions on both sides of coin.Obverse “VICTORIA . DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP” Reverse “ONE SHILLING, 1897, Inner band, some letters hidden - HONI SO VI Y PENSE” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, british shilling 1897, thomas brock, edward paynter, great britain shilling, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1897
... ‘promissory’ notes (often called IOU’s) were used in the exchange... of coins, tokens and even ‘promissory’ notes (often called IOU’s ...This Great Britain one shilling coin is dated 1897, which is during the reign of Queen Victoria. There were over 6 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. The obverse side of the coin was designed by Thomas Brock. The inscription’s translation is “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith, Empress of India”. The reverse side of the coin was designed by Edward Paynter. The inscription "HONI SOIT QUI MAL Y PENSE" translates as "Evil be to him who evil thinks". AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 Spanish dollars were imported and converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then counter-stamped and used as the official currency. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced, removing the power from the States. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Great Britain Shilling, 1897. Silver coin, round. Obverse; Queen Victoria head, ‘Old Head’, looking left. Reverse; 3 shields (each crowned) - 3 passant lions (England), 1 rampant lion (Scotland), golden harp (Northern Ireland) - floral symbols between them – 1 rose, 2 thistles. Inscriptions on both sides of coin.Obverse “VICTORIA . DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP” Reverse “ONE SHILLING, 1897, Inner band, some letters hidden - HONI SO VI Y PENSE” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, british shilling 1897, thomas brock, edward paynter, great britain shilling, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1887
... ‘promissory’ notes (often called IOU’s) were used in the exchange... a wide variety of coins, tokens and even ‘promissory’ notes ...This Great Britain one shilling coin is dated 1887, which is during the reign of Queen Victoria. There were over 4 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. This 1887 Great Britain shilling was struck as part of new coinage of gold and silver commemorating the Golden Jubilee of Queen Victoria 1837-1887. This design continued until 1893. The obverse image of Queen Victoria, called the ‘Junior Head’, was engraved by Joseph Edgar Boehm and adapted from his engraving for the Jubilee Medal. The design on the reverse is based on the design of the George IV shilling, 1823-1825. Inscription translations: - Obverse side: “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. - Reverse side "Evil to him who evil thinks”. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Great Britain Shilling, 1887. Silver coin, round. Obverse; Queen Victoria head, ‘Junior Head’, looking left. Reverse; crown on quartered shield within band of text, above year. Shield has 2 quarters with 3 lions on each, one quarter with a lion, one quarter with a harp. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITT REGINA F : D :” Reverse “HONI . SOIT . QUI . MAL . Y . PENSE” and “1887” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1887, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, joseph edgar boehm, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1887
... ‘promissory’ notes (often called IOU’s) were used in the exchange... a wide variety of coins, tokens and even ‘promissory’ notes ...This Great Britain one shilling coin is dated 1887, which is during the reign of Queen Victoria. There were over 4 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. This 1887 Great Britain shilling was struck as part of new coinage of gold and silver commemorating the Golden Jubilee of Queen Victoria 1837-1887. This design continued until 1893. The obverse image of Queen Victoria, called the ‘Junior Head’, was engraved by Joseph Edgar Boehm and adapted from his engraving for the Jubilee Medal. The design on the reverse is based on the design of the George IV shilling, 1823-1825. Inscription translations: - Obverse side: “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. - Reverse side "Evil to him who evil thinks”. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Great Britain Shilling, 1887. Silver coin, round. Obverse; Queen Victoria head, ‘Junior Head’, looking left. Reverse; crown on quartered shield within band of text, above year. Shield has 2 quarters with 3 lions on each, one quarter with a lion, one quarter with a harp. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITT REGINA F : D :” Reverse “HONI . SOIT . QUI . MAL . Y . PENSE” and “1887” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1887, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, joseph edgar boehm, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1888
... ‘promissory’ notes (often called IOU’s) were used in the exchange... a wide variety of coins, tokens and even ‘promissory’ notes ...This Great Britain one shilling coin is dated 1888, which is during the reign of Queen Victoria. There were over 4 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. This 1888 Great Britain shilling was struck as part of new coinage of gold and silver commemorating the Golden Jubilee of Queen Victoria 1837-1887. This design continued until 1893. The obverse image of Queen Victoria, called the ‘Junior Head’, was engraved by Joseph Edgar Boehm and adapted from his engraving for the Jubilee Medal. The design on the reverse is based on the design of the George IV shilling, 1823-1825. Inscription translations: - Obverse side: “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. - Reverse side "Evil to him who evil thinks”. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Shilling, Great Britain, 1888. Silver coin, round. Obverse; Queen Victoria head, ‘Junior Head’, looking left. Reverse; crown on quartered shield within band of text, above year. Shield has 2 quarters with 3 lions on each, one quarter with a lion, one quarter with a harp. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITT REGINA F : D :” Reverse “HONI . SOIT . QUI . MAL . Y . PENSE” and “1888” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1888, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, joseph edgar boehm, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1890
... ‘promissory’ notes (often called IOU’s) were used in the exchange... a wide variety of coins, tokens and even ‘promissory’ notes ...This Great Britain one shilling coin is dated 1890, which is during the reign of Queen Victoria. There were over 4 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. This 1890 Great Britain shilling was struck as part of new coinage of gold and silver commemorating the Golden Jubilee of Queen Victoria 1837-1887. This design continued until 1893. The obverse image of Queen Victoria, called the ‘Junior Head’, was engraved by Joseph Edgar Boehm and adapted from his engraving for the Jubilee Medal. The design on the reverse is based on the design of the George IV shilling, 1823-1825. Inscription translations: - Obverse side: “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. - Reverse side "Evil to him who evil thinks”. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887. Coin, Great Britain Shilling, 1890. Silver coin, round. Obverse; Queen Victoria head, ‘Junior Head’, looking left. Reverse; crown on quartered shield within band of text, above year. Shield has 2 quarters with 3 lions on each, one quarter with a lion, one quarter with a harp. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITT REGINA F : D :” Reverse “HONI . SOIT . QUI . MAL . Y . PENSE” and “1890” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1890, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, joseph edgar boehm, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1891
... ‘promissory’ notes (often called IOU’s) were used in the exchange... a wide variety of coins, tokens and even ‘promissory’ notes ...This Great Britain one shilling coin is dated 1891, which is during the reign of Queen Victoria. There were over 4 million of these coins minted. Queen Victoria succeeded King William IV to the British Throne in 1837 – she was only 18 years old at the time – and she ruled until 1901. This 1891 Great Britain shilling was struck as part of new coinage of gold and silver commemorating the Golden Jubilee of Queen Victoria 1837-1887. This design continued until 1893. The obverse image of Queen Victoria, called the ‘Junior Head’, was engraved by Joseph Edgar Boehm and adapted from his engraving for the Jubilee Medal. The design on the reverse is based on the design of the George IV shilling, 1823-1825. Inscription translations: - Obverse side: “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith”. - Reverse side "Evil to him who evil thinks”. British coins such as this one shilling were in circulation in the colony of Australia until 1910, when the Commonwealth of Australia began producing its own coinage. This one shilling coin was minted by the Royal Mint at Royal Mint Court, in Little Tower Hill, London, England. Coins for circulation in the Kingdom of England, Great Britain and most of the British Empire were produced here until the 1960’s when the Royal Mint shifted location to Wales. There are three main groups of shillings produced during Queen Victoria’s reign:- - The Young Head; 1837-1887, in 8 different versions, on the obverse showing the Queen’s maturing face over 50 years. - The Junior Head; 1887-1892, minted when Queen Victoria had been reigning for 50 years. Her head was smaller on the coins minted 1887-1889 than on those shillings minted 1889-1892. - The Old Head; 1893-1901, shows the veiled head of Queen Victoria. AUSTRALIAN CURRENCY The early settlers of Australia brought their own currency with them so a wide variety of coins, tokens and even ‘promissory’ notes (often called IOU’s) were used in the exchange of goods and services. In 1813 40,000 silver Spanish dollars, purchased by the English government, were delivered to Sydney to help resolve the currency problem reported by Governor Macquarie. The coins were converted for use by punching a hole in the centre of the coin. Both the outer ring, called the holey dollar, and the punched out ‘hole’, called the dump, were then used as the official currency. The holey dollars hold the place of being the first distinctively Australian coins. In 1825 the British Government passed the Sterling Silver Currency Act, making the British Pound the only legal form of currency in the Australian colonies. Not enough British currency was imported into the colony so other forms of currency were still used. In the mid 1800’s Australia entered the Gold Rush period when many made their fortunes. Gold was used for trading, often shaped into ingots, stamped with their weight and purity, and one pound tokens. In 1852 the Adelaide Assay Office, without British approval, made Australia’s first gold coin to meet the need for currency in South Australia after the Gold Rush began. In 1855 the official Australian Mint opened in Sydney, operating as a branch of the Royal Mint in London, and the gold was turned into coins called ‘sovereigns’. Other branches also opened in Melbourne and Perth. Up to the time of Australia becoming a federation in 1901 its currency included British copper and silver coins, Australian gold sovereigns, locally minted copper trade tokens, private banknotes, New South Wales and Queensland government treasury notes and Queensland government banknotes. After Federation the Australian government began to overwrite privately issued notes and prepared for the introduction of its own currency. In 1910 a National Australian Currency was formed, based on the British currency of ‘pounds, shillings and pence’ and the first Commonwealth coining was produced. In 1966, on February 14th, Australia changed over to the decimal currency system of dollars and cents. Australia did not have its own currency in the colonial times. Settlers brought money from other countries and they also traded goods such as grain when currency was scarce. For a long time there was no standardised value for the different currencies. In 1825 British currency became the only official currency in the colony of Australia and coins such as this silver shilling were imported into Australia to replace the mixture of foreign currency. Australia became a Federated nation on 1st January 1901. In 1910 National Australian Currency was formed and Australia produced its own currency, based on the British ‘pounds, shillings and pence’. The British currency was no longer valid. This silver shilling is of national significance as it represents the British currency used in Australia from 1825-1910. This silver shilling is also of significance to Australia as part one of the British Colonies ruled by Queen Victoria. It is part of the special silver and gold coins minted 1887-1893 to celebrate the 50 years Jubilee of Queen Victoria’s reign 1837-1887.Coin, Great Britain Shilling, 1891. Silver coin, round. Obverse; Queen Victoria bust, ‘Junior Head’, looking left. Reverse; crown on quartered shield within band of text, above year. Shield has 2 quarters with 3 lions on each, one quarter with a lion, one quarter with a harp. Inscriptions on both sides of coin.Obverse “VICTORIA DEI GRATIA BRITT REGINA F : D :” Reverse “HONI . SOIT . QUI . MAL . Y . PENSE” and “1891” flagstaff hill, warrnambool, shipwrecked coast, flagstaff hill maritime museum, maritime museum, shipwreck coast, flagstaff hill maritime village, great ocean road, coin, currency, money, legal tender, australian currency history, royal mint, great britain shilling 1891, queen victoria currency, queen victoria 50 years golden jubilee shilling, colonial australia currency, joseph edgar boehm, numismatics -
Orbost & District Historical Society
postal note, 1930's-1940's
... are not legal tender, but a type of promissory note, similar to a cheque ...This postal note was purchased at Hobart West Post Office but was not cashed in. Postal notes (or postal orders) were introduced as a means of transmitting smaller amounts of currency within a country. They were sanctioned by the Universal Postal Union and upon joining this body, each colony was required to issue them. Money orders were later introduced for larger sums. The post office became responsible for postal notes in 1890. Postal notes were a way of sending money through the post. They were replaced by money orders. Duplicate money orders were issued as replacements.This item is an example of a form of currency which has been superseded by postal and money orders. Postal orders are not legal tender, but a type of promissory note, similar to a cheque.A postal note -black print on green background. The amount is 2/- and it is dated Feb 9 1942 , Number 337582currency postal-note -
Federation University Historical Collection
Book, W. Stanley Jevons, Money and the Mechanism of Exchange, 1876
... promissory notes paper currency credit documents foreign bills ...Crimson and black cloth bound book of 350 pages. Formerly part of the South Street Young Men's General Debating Society's Circulating Library.non-fictionmoney, south street, south street debating society, south street young men's general debating society circulating library, bookplate, j.s. charles, john p. charles, library, barter, currency, metals as money, coining, coins, standards, exchange, promissory notes, paper currency, credit documents, foreign bills of exchange, bank of england, corn rents, legal tender -
Flagstaff Hill Maritime Museum and Village
Document - Financial agreement, Bank of Australasia et al, Banks' Agreement, 5-2-1877 to 15-5-1878
... 1878 Bills Promissory notes current accounts "Banks' Agreement ...This Banks' Agreement refers to one of several agreements made between the Warrnambool and district bank Managers not to exceed the stated rates of interest. The first section of the Agreement is dated 5th February 1877 and the last date is 15th May 1879. The Banks agreed to specific interest rates for fixed deposits and the terms of those deposits. The first page refers to a previous Agreement being terminated on 14th August 1875. A document from the ANZ Bank, Melbourne, refers to another Agreement dated 2nd April 1879. A transcription of the Banks' Agreement is attached to this record. The four banks subscribing to the Agreement are: - Bank of Australasia Bank of Victoria Colonial Bank of Australasia National Bank of Australasia The Bank of Australasia was incorporated by the Royal Charter of England in March 1834. The bank began in Australia on 14th December 1835, opening in Sydney. The Acting Superintendent of the bank at that time was David Charters McArthur. He was Superintendent from 1867 to 1876. The Melbourne branch opened on 28th August 1838 in a two-roomed brick cottage on the north side of Little Collins Street, where two huge mastiff dogs were used at night to guard the bank. The government also provided an armed military sentinel. Due to the bank's rapid growth, a new building for the Melbourne branch was opened in 1840 at 75 Collins Street West. By 1879 the bank had been upgraded to a magnificent two-storey building on the corners of Collins and Queens Streets, with the entry on Collins Street. In 1951 the Bank of Australasia amalgamated with the Union Bank to form Australia and New Zealand Bank, now known as the ANZ. Then in 1970, the ANZ merged with both the ES&A and the London Bank of Australia to form the ANZ Banking Group Limited. The ANZ Banking Group Ltd kindly donated various historic items from the Bank of Australasia. BANK of AUSTRALASIA, WARRNAMBOOL – In 1854 Warrnambool had two banks, the Union Bank and the Bank of Australasia. Later, completely different bank businesses opened; in 1867 the National Bank of Australasia, then in 1875 the Colonial Bank of Australasia. The original Warrnambool branch of the Bank of Australasia was established in July 1854, and operated from a leased cottage on Merri Street, close to Liebig Street. The bank later bought a stone building previously erected by drapers Cramond & Dickson on the corner of Timor and Gibson Streets. Samuel Hannaford was a teller and then Manager at the Warrnambool branch from 1855 to 1856 and the Warrnambool Council chose that bank for its dealings during 1856-57. In 1859 Roberts & Co. was awarded the contract to build the new Bank of Australasia branch for £3,000. The land was on a sand hill on the northeast corner of Timor and Kepler Streets and had been bought in 1855 by investor James Cust. The new building opened on May 21, 1860. The bank continued to operate there until 1951 when it merged with the Union Bank to form the ANZ Bank, which continued operating from its Liebig Street building. Warrnambool City Council purchased the former Bank of Australasia building in 1971 and renovated it, then on 3rd December 1973 it was officially opened as the Art Gallery by Cr. Harold Stephenson and Gallery Director John Welsh. The Gallery transferred to the purpose-built building on Liebig Street in 1986 and the old bank building is now the Gallery Club. Staff at the Bank of Australasia in Warrnambool included the following men but others were also involved: Samuel Hannaford, Teller then Manager from 1855-1856; W H Palmer, Manager from January 1857 until November 1869 when the Teller Basil Spence was promoted to Manager; H B Chomley, Manager from April 1873 and still there in 1886; A Butt, Manager in 1895-1904; J R McCleary Accountant and Acting Manager for 12 months, until 1900; A Kirk, Manager 1904; J Moore, staff until his transfer to Bendigo in December 1908; J S Bath was Manager until 1915; C C Cox, Manager until April 1923; Richard C Stanley, Manager 1923 to April 1928. This Banks' Agreement has historical significance as it belonged to the Bank of Australasia which was established in Australia in 1835 by Royal Charter. One of the four parties of the Agreement was the Warrnambool branch, so the document is also a historical record of the financial agreements between similar institutions in the local area. The document is significant for its association with the Bank of Australasia in Warrnambool, the first bank in Warrnambool, established in 1854. The bank continued to operate until its merger in 1951 when it became the ANZ Bank, which is still in operation today. The Bank was an integral part of the establishment and growth of commerce in Colonial Warrnambool and throughout Australia.Document titled the Banks Agreement; a four-page document handwritten in black ink with a nib pen on heavy cream-coloured paper. The document describes the agreement between four banks local to Warrnambool and the district. It specifies interest rates for fixed deposits, the period of the deposits and the penalty for early withdrawal. It includes banks in Warrnambool, Belfast (now Port Fairy) and Koroit and is dated from February 1877 to May 1878. It has been signed by the Banks' Managers. The contents are an agreement not to exceed the stated rates of interest. This copy belonged to the Bank of Australasia, Warrnambool."Banks' Agreement" "Warrnambool" "Belfast" "Koroit" "5th February 1877" "17th February 1877" "16th May 1877" "6th May 1878" "14th May 1878" "15th May 1878"flagstaff hill, warrnambool, flagstaff hill maritime museum, maritime museum, commerce, banking, bank of australasia, australia & new zealand bank, anz bank, david charters mcarthur, banks' agreement, bank of victoria, colonial bank of australasia, national bank of australasia, belfast (now port fairy), koroit, fixed term deposits, interest rates, 1877, 1878, bills, promissory notes, current accounts -
RMIT GSBL Justice Smith Collection
Book, Welford, Baker A.W, A treatise on the law of bills of exchange, promissory notes, bank-notes and cheques, 1939
... of bills of exchange, promissory notes, bank-notes and cheques Book ...Previous owners: T. H. Smith, T. W. SmithTwentieth editionbills of exchange -- great britain, negotiable instruments -- great britain