One Penny Model is this a token or coin?

Micky · **Posted:** Sat Jun 02, 2012 21:27:12 pm

I was looking at throwing this on feebay for 99c, problem is I have no idea what it is and the scans show a lot of die cracks so I guess 9c would be a better start :cry:

. Anyway anyone got some information on this one please? Date and Which country does it come from :?:

One Penny Model.

Cheers
Michael

GUTTERS · **Posted:** Sat Jun 02, 2012 21:57:50 pm

http://www.bbc.co.uk/ahistoryoftheworld ... hHC8_7SvnA
http://en.wikipedia.org/wiki/1844_Victo ... enny_Model
These may help micky and those die crack look to be the norm

tallanent · **Posted:** Sat Jun 02, 2012 22:02:54 pm

Micky

Quote:

This Victorian one penny model was a suggested design by Joseph Moore and made in 1844 to replace the heavy coinage then in circulation. The inner part was supposed to be in silver to compensate for the small intrinsic copper value but those produced in the greatest numbers had a copper outer ring and an inner part made of approximately 60% zinc / 40% nickel. They were never adopted and are quite common. There are two varieties with this metal with the die axis upright and inverted. Property of Robert Pool

The above from http://www.bbc.co.uk/ahistoryoftheworld ... hHC8_7SvnA

Quote:

The obverse features the 'young head' bust of Victoria facing left. The inscription reads 'VICTORIA REG:', Latin, abbreviated for 'Queen Victoria', on the silver centre. A second inscription, 'ONE PENNY.MODEL', is on the bronze surround. The reverse features the number '1' on the silver centre with the inscription 'ONE PENNY.MODEL' around the outside. Model coins such as this one were produced by the Birmingham medallist Joseph Moore (1817-1892). They were designed as a possible new coinage to replace the existing heavy copper coins. They were all made up of two different metals and were smaller and lighter than the existing coinage.

From http://www.search.windowsonwarwickshire ... 6&offset=0

Quote:

One Penny model coins (61) undated c.1848 in mixed grades F-GVF .... £160

This auction result (for 61 examples) from December 2008
http://www.londoncoins.co.uk/?auc=123&s ... astresults

Hope some of that is useful .... ALLAN

Micky · **Posted:** Sat Jun 02, 2012 22:10:17 pm

Great stuff thanks GUTTERS and tallanent, I can see the die cracks are not rare like some of Australian KGV stamp flaws

, and I finally have a date and Country of origin, I think I will keep it for another 50 years maybe it will raise up a dollar or two or what ever we are using for money at that time.

I guess my Parliament Florin 1927 with Die crack is common too, oh well I am still happy

Thanks everyone
Michael

doug2222usa · **Posted:** Sun Jun 03, 2012 17:19:37 pm

That one shows considerable evidence of wear and corrosion; must have been a pocket-piece, since I assume they didn't circulate.

Most patterns in the U.S. are Almost Uncirculated or better.

Micky · **Posted:** Sun Jun 03, 2012 17:31:08 pm

Hi doug2222usa, I honestly don't know where I got it from I suppose someone tried to use it 100 plus years ago or somehow was lost and found in acidic ground somewhere. I like the look of this simple coin, similar design as the Australian Holey Dollar & dump one of the dream coins to own.

Cheers for your information
Michael

IG2012 · **Posted:** Fri Nov 30, 2012 06:45:56 am

These are unofficial pieces and where produced by Joseph Moore to try and persuade the British government to change the size of the British coins. As at the time each coin had the metal content equal to its value. Making GB coins at the time quite large. The idea was to reduce the weight of the coin by using smaller flan and higher value metal (silver) in the centre, thus bring the value up to the full value.

These where very popular with the public and did circulate unofficial. So much so that the mint had to advertise the fact that they were privately produced.

In the end the mint moved from copper for the low value denomination to bronze which lasted up until the late 1960's. Reducing the 1d weight from 18.8g to 9.4g.

There are quite a few different types as shown on the website below. Ranging in price from a few pounds up. Look out for coins with gold centres as these are less common than the normal silver versions.

http://wbcc-online.com/new-releases/gbmodels.html


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One Penny Model is this a token or coin?

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