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Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1819
... a wide variety of coins, tokens and even ‘promissory’ notes... of coins, tokens and even ‘promissory’ notes (often called IOU’s ...This Great Britain shilling is dated 1819, the year before King George III died. There were over 7 million of these coins minted. King George III succeeded his grandfather, King George II, on the throne in 1760. He reigned until his death on 29th January 1820. The shield in the centre of the reverse of the coin is the Hanoverian Shield, showing that the House of Hanover was elected to the crown rather than taking the crown as a victory. This coin’s denomination is not inscribed on the coin but it has been identified as a shilling from information about the King George III currency 1816-1820. - The 6 pence coin is 19mm - This Shilling is 24mm (the same size as this coin) - The Half Crown is 32mm 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 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. The obverse side of the coin’s inscription translation is “George III by the Grace of God, King of the British territories, Defender of the Faith”. The engraver of the obverse image was Benedetto Pistrucci. The reverse side’s inscription on the coin is translated "Evil to him who evil thinks” The engraver of the reverse image was Thomas Wyon. 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 Australia became 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, 1819. Silver coin, round. Obverse; King George III head, looking right. Reverse; crown on top of quartered shield, 2 diagonally opposite quarters both show 3 lions, another quarter has a rampant lion, another quarter has a harp; in the centre of the shield is a small crowned shield with 3 symbols that appear to be lions. Inscriptions on both sides of coin (denomination not inscribed).Obverse “GEOR . III D . G . BRITT . REX F . D .” and “1819” Reverse “HONI . SOIT . Q [UI obscured] . MAL . 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, great britain shilling 1819, king george iii currency, colonial australia currency, benedetto pistrucci, thomas wyon, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1819
... a wide variety of coins, tokens and even ‘promissory’ notes... of coins, tokens and even ‘promissory’ notes (often called IOU’s ...This Great Britain shilling is dated 1819, the year before King George III died. There were over 7 million of these coins minted. King George III succeeded his grandfather, King George II, on the throne in 1760. He reigned until his death on 29th January 1820. The shield in the centre of the reverse of the coin is the Hanoverian Shield, showing that the House of Hanover was elected to the crown rather than taking the crown as a victory. This coin’s denomination is not inscribed on the coin but it has been identified as a shilling from information about the King George III currency 1816-1820. - The 6 pence coin is 19mm - This Shilling is 24mm (the same size as this coin) - The Half Crown is 32mm 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 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. The obverse side of the coin’s inscription translation is “George III by the Grace of God, King of the British territories, Defender of the Faith”. The engraver of the obverse image was Benedetto Pistrucci. The reverse side’s inscription on the coin is translated "Evil to him who evil thinks” The engraver of the reverse image was Thomas Wyon. 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, 1819. Silver coin, round. Obverse; King George III head, looking right. Reverse; crown on top of quartered shield, 2 diagonally opposite quarters each show 3 lions, another quarter has a rampant lion, another quarter has a harp; in the centre of the shield is a small crowned shield with 3 symbols that appear to be lions. Inscriptions on both sides of coin (denomination not inscribed).Obverse “GEOR . III D . G . BRITT . REX F . D .” and “1819” Reverse “HONI . SOIT . Q [UI obscured] . MAL . 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, great britain shilling 1819, king george iii currency, colonial australia currency, benedetto pistrucci, thomas wyon, numismatics -
Flagstaff Hill Maritime Museum and Village
Currency - Coin, 1883
... 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 1883, which is during the reign of Queen Victoria. There were over 7 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, 1883. 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, 1883” 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 1883, queen victoria currency, colonial australia currency, wlliam wyon, jean baptiste merlen, numismatics -
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