Token - Humanity is the equity of the heart - Humanity is progress ND (1885) front Token - Humanity is the equity of the heart - Humanity is progress ND (1885) back
Token - Humanity is the equity of the heart - Humanity is progress ND (1885) photo
© mike c (CC BY-SA)

Token - Humanity is the equity of the heart - Humanity is progress ND

1885 year
Nickel plated brass 10.4 g 31 mm
Description
Location
Victoria (Australian States)
Queen
Victoria (1837-1901)
Type
Trade tokens › Business tokens
Year
1885
Composition
Nickel plated brass
Weight
10.4 g
Diameter
31 mm
Thickness
2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-11-14
References
Numista
N#407236
Rarity index
97%

Reverse

Words around a Palm or Fern Tree

Script: Latin

Lettering:
HUMANITY IS PROGRESS
THE
REIGN
OF
IGNORANCE
AND
FORCE
IS
GOING
THE
REIGN OF
KNOWLEDGE
AND
HUMANITY
IS
COMING

Edge

Plain

Comment

This Medal, from Cole's Book Arcade, is one of a series of medals offering maxims and proverbs issued by E.W. Cole at his Book Arcade. He called the medals 'little missionaries for the spread of educative knowledge' (Dean, 1988, p.36).

According to Sydney Endacott, an employee of Cole, customers were charged three pence for these medals (which he prefers to call tokens) which, when the Arcade was particularly busy, gave them admission to the second-hand books gallery where the orchestra played. Each medal could be exchanged for thee pence worth of goods, but most were kept. The pierced ones were sometimes worn as pendants or on pocket watch chains. The medals served as perpetual advertisements of the Arcade (Victorian Historical Magazine, February 1962). George Dean suggests that the medals were also given in change at Christmas time, and could be used to operate amusement machines (presumably including the symphonion and hens, although these only required one penny to operate).

Cole had his first medal struck in 1879 and his last one about 1903. The medals were variously gilded, silvered or bronzed, replicating the coinage then circulating, or plated with nickel or white metal. The medal blanks were usually made of copper or brass, but some might have been bronze; aluminium was also sometimes used. In all, perhaps 300,000 medals were struck, in 97 types. Only 50 types are known to have circulated (George Dean, 1988, A Handbook on E.W. Cole: His Book Arcade, Tokens and Medals).