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25 Cents - Elizabeth II 4th Portrait - Australian Holey Dollar and Dump
| Issuer | Royal Australian Mint |
|---|---|
| Year | 2013 |
| Type | Log in to see details |
| Value | 25 Cents |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Fourth portrait effigy of Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland Tiara, as designed by Ian Rank-Broadley. The legend ELIZABETH II flanks the effigy to the upper field, with AUSTRALIA and the date 2013 and denomination 25 CENTS positioned in the lower field. |
|---|---|
| Obverse script | Log in to see details |
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| Edge | Reeded |
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| Additional information |
The original Holey Dollar and Dump of 1813 were Australia's first locally issued currency — created by Governor Lachlan Macquarie's solution to a chronic coin shortage in the colony. Spanish Colonial eight-reales pieces were purchased, the centres punched out, and both the ring and the plug counterstamped and revalued: the ring at five shillings, the dump at fifteen pence. One coin became two, effectively doubling the face value of the imported silver in circulation.
This 2013 issue marks the bicentennial of that decision. The dump denomination — fifteen pence in 1813 — is here rendered as a 25-cent piece, a necessary modernisation with no historical equivalent.