Today but what is it?.

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Any idea what this is,
It is a bit bigger than a victorian penny but heavier.
 
The raised edge seems right for a cartwheel penny. If it is then it's a fantastic find. See the following.

A 50 banknote featuring Matthew Boulton and James Watt, pioneers of the Industrial Revolution, entered into UK circulation last week. We thought wed draw that to your atention because one half of the famous partnership has a fascinating connection with early Australian coinage.

The son of a Birmingham metal product manufacturer, Matthew Boulton built the groundbreaking steam-powered Soho Mint in 1788. As well as medals and tokens, he produced high-quality coins from copper and silver for which he has been described as the founder of modern coinage

Boulton made the famous cartwheel penny at his Soho Mint, a coin which was exported to the colonies including cash-strapped New South Wales. Near four tons of 1797-dated pennies arrived aboard the Porpoise, which docked in Port Jackson in 1800.

Each copper coin weighed 1oz. Designed to prevent wear, they were known as cartwheels because of their large size. A bust of George III appeared on the obverse and on the reverse was seen a seated Britannia with shield holding olive branch and trident.

A 'cartwheel' copper coin made at Matthew Boulton's Soho Mint in 1797. (source: http://www.detecting.org.uk)
At this time, an assorted rag-bag of coins from around the globe passed for currency in Sydney Town. Unfortunately, relative values for each coin were often disputed.

With the arrival of the cartwheel pennies, Governor King took the opportunity to settle values for all the specie legally circulating in this colony by way of a Currency Proclamation.

King regarded the cartwheel penny as vital to dealings of the ordinary customers of the business houses and in a bid to prevent supplies being syphoned off by visiting traders, he decreed that it should circulate at 2d twice its face value! By inflating coin values locally, he believed, visiting merchants would be reluctant to accept them.

The 1797 cartwheel copper penny is significant in being one of the very first coins made using Matthew Boultons steam-powered coining press. As the trigger behind Kings famous Proclamation, it occupies an important place in Australian numismatic history. Moreover, as the first coin formally exported to New South Wales, it must also be regarded as Australias first official coin.

- See more at: http://blog.perthmint.com.au/2011/1...ho-made-australias-first-official-coin/#.dpuf
 
What a find, it should be 36mm in diameter, and weigh about 28.35 grams, but may be a bit less due to wear. What's the story behind that find? :)
 
I found it on a farm road, it has had a lot of years there
with tractors and rollers running over it
I have detected all over the area before but when I hit this signal
and coin range well.
friken brown snake today was under this rock behind my foot
I did not see him till I turned around and there was his head
very close, Frike I get some close encounters with em.
I tuck my socks inside my jeans so they dont run up,
Yesterday I found 3 more muscat balls also.
.42, a .46, and a .52 and they follow a direction.
The person who had these items had a box as I have found parts of this box.
the broken riding spur I found was made of german silver.
most items seem to be from the 1862 expo london
so this person was a traveller,
I have found no coins after 1862.
the india 1cent victorian is in my thoughts a hint, and the lead sinkers I found
well I am thinking in that they are not not plum bob,
as there is a smaller lead round and the same make.
But If the local tribe had robbed him, frike where did they drop
the yellow colour coins.
There also was a copper pot smashed up, as I find bits of it spread wide, very unusual.
1 day I will get to the bottom of what happened there.
 
I have detected every tree, every rock, that I can find
far and wide but I was not expecting a coin today, and yes what a find,
as I thought it was a tractor part or some think like that,
I will start on the ferrous soon as for some clues,
Detecting over and over, but I got all the pings tho.
 

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