Copper One Penny Surcharged Token minted by an unknown British mint. Issued by J. McFarlane, Wholesale & Retail Grocer, in Melbourne, Victoria, circa 1851. Surcharged M.N. circa 1857.
McFarlane arrived in Melbourne in 1841 and sent goods to the goldfields during the rushes, in addition to his business in the city. He was probably the second Melbourne merchant to issue tokens. McFarlane appeared before the insolvents court in 1956 but reopened his business a few weeks later.
A round copper token (34 mm diameter) giving the name address and business of the issuer: J. McFarlane, corner Elizabeth and Lonsdale Streets Melbourne, wholesale and retail grocer. The reverse features a female figure standing, facing. She holds an olive branch raised in her right hand and rests her left on the head of a gambolling lamb. A tame lion steps from behind her below the olive branch. This token has been surcharged M.N.
At centre in 3 lines; J. McFARLANE / WHOLESALE & RETAIL / GROCER around, CORNER OF ELIZABETH & LONSDALE STS . MELBOURNE .
The reverse features a female figure in long flowing dress standing, facing. She holds an olive branch raised in her right hand and rests her left on the head of a gambolling lamb. A tame lion steps from behind her below the olive branch. ; around, PEACE AND PLENTY This token has been surcharged M.N.
Transfer from National Gallery of Victoria (NGV), Mr Alfred Chitty, 15 Mar 1976
circa 1851 AD
Obverse: J. McFARLANE WHOLESALE & RETAIL GROCER CORNER OF ELIZABETH & LONSDALE STS. MELBOURNE Reverse: PEACE AND PLENTY surcharged M.N.
Type of item
34 mm (Outside Diameter), 17.23 g (Weight)
Brief bio. of J. McFarlane by Gardner, F., originally published in The Australian Storekeepers and Traders Journal, c.1910 - 1914, republished in The Australian Coin Review, June 1970, p. 17.; The Argus, 16 December 1856, p.5 (photocopy) - record of insolvency meeting 15/12/1856; Sharples, J., "Catalogue of Victorian Trade Tokens' in Journal of the Numismatic Association of Australia, Vol. 7, December 1993, pp.49 - 50. Records indicate that McFarlane was in business at this address in 1850 and 1851. He was probably the second Melbourne merchant to issue tokens (the first being Annand, Smith & Co. in 1849). Sharples JNAA.7, p. 49
[Book] Andrews, Arthur. 1921. Australasian Tokens and Coins., No.360
[Book] Heyde, Gilbert C. & Skinner, Dion H. 1967. Unofficial Coins of Colonial Australia and New Zealand., No.145/1
[Article] Sharples, John P. 1993. A Catalogue of the Trade Tokens of Victoria 1848 to 1862. Journal of the Numismatic Association of Australia. vol.7: p.1-77., No.V.110