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1 Dollar - Elizabeth II 4th Portrait - Bicentenary of the Holey Dollar and Dump
| Issuer | Royal Australian Mint |
|---|---|
| Year | 2013 |
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| Composition | Aluminium bronze (92% Copper, 6% Aluminium, 2% Nickel) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Mintage | 2013 (B) - BU - Brisbane Counterstamp (Royal Brisbane Show) - 2,403 2013 (M) - BU - Melbourne Counterstamp (Melbourne International Show) - 3,704 2013 (P) - BU - Perth Counterstamp (ANDA Show) - 5,000 2013 (S) - BU - Sydney Counterstamp (Royal Sydney Show) - 12,592 2013 [B] - BU - Brisbane Privymark (Four Coin CBMS Set) - 12,195 2013 [M] - BU - Melbourne Privymark (Four Coin CBMS Set) - 12,195 2013 [S] - BU - Sydney Privymark (Four Coin CBMS Set) - 12,195 2013 C - BU - Canberra Mintmark (Four Coin CBMS Set) - 12,195 2013 C - BU - Canberra Mintmark (Gallery Press) - 2013 C - BU - Canberra Mintmark in PNC - 15,000 2013 C - BU - Canberra Mintmark in PNC (APTA Overprint) - 130 |
| Additional information |
In 1813, Governor Lachlan Macquarie addressed New South Wales's chronic coin shortage by importing 40,000 Spanish silver dollars and having a central disc punched from each. The ring became the "Holey Dollar," valued at five shillings; the plug became the "Dump," valued at fifteen pence. This double-denomination solution from a single coin is one of the more ingenious acts of colonial monetary improvisation on record.
The originals were processed by convicted forger William Henshall, whose prior expertise made him the obvious choice for the work.