Summary

Copper one Penny token, minted by Heaton & Sons of Birmingham, circa 1857. Issued by Smith, Peate & Co. Grocers, Tea & Wine Merchants in Sydney. Surcharged 'Wilson Engraver 390 Pitt S'. In 1852 Edward A. Smith joined Thomas Peate to form Smith, Peate and Co., Shipping and Family Grocers and Wine Merchants, in Sydney. Their grandfathers, Captain George Peate and William Smith, had been the owners of a trading vessel Sally from 1820-1825. During the 1860s the business did well and claimed the patronage of 'His Excellency, the Governor in Chief.' The business continued without substantial change until 1880 when a new partner was brought in and the business became Peate and Harcourt. In 1886 W.H. Peate, son of Thomas, moved the business to larger premises, and in 1893 T.J. Turton became a partner in the firm. The Smiths and Harcourt had all retired from the business by this time. The Business closed in 1897 and the building was demolished.

Previous Collections: National Gallery of Victoria

Physical Description

A round copper token (34 mm diameter). The token design featuring the name, address, business and foundation date of the issuer: Smith, Peate and Co., 258 & 260 George Street Sydney, grocers, tea dealers, wine merchants. The reverse depicts Justice standing facing left, blindfolded and extending balanced scales from her right hand, her left hand rests on an inverted cornucopiae from which fruits flow. A sailing ship is seen on the horizon to the left of the figure. Surcharged in three lines WILSON / ENGRAVER / 390 PITT S

Obverse Description

Legend in eight lines, SMITH, PEATE & Co. / GROCERS / TEA DEALERS / & / WINE MERCHANTS / 258 & 260 / GEORGE ST. / SYDNEY

Reverse Description

The reverse depicts Justice standing facing left, blindfolded and extending balanced scales from her right hand, her left hand rests on an inverted cornucopiae from which fruits flow (a small G is among the fruit). A sailing ship is seen on the horizon to the left of the figure. Above ESTABLISHED, in exergue, 1836. Surcharged in three lines WILSON / ENGRAVER / 390 PITT S

Edge Description

Plain

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