1813 Holey Dollar struck from a 1793, Mexico Mint, Spanish Silver Dollar.


1793 Holey Dollar Rev Mood August 2018
1793 Holey Dollar Obv Mood August 2018
1813 Holey Dollar struck from a 1793, Mexico Mint, Spanish Silver Dollar.
COIN
1813 Holey Dollar struck from a 1793, Mexico Mint, Spanish Silver Dollar.
QUALITY
Fair
PRICE
$49,500
COMMENTS
You hold history in your hand when you own a Holey Dollar. And you will create 'new' history by joining its former owners, the collectors for whom this coin was a prized possession. In the case of this Holey Dollar, its first recorded sale occurred in 1889 when it was purchased by E. Best, resident of Tasmania and subsequently passed to one of his relatives circa 1927. The impact of owning such a great historical piece is even more profound when you open the book, ‘The Holey Dollars of New South Wales’ by Messrs. Mira and Noble and find your coin photographed and officially recorded as one of the almost 300 surviving examples. A copy of the Catalogue accompanies the sale.
STATUS
Sold September 2018.
1793 Holey Dollar Obv Mood August 2018
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1793 Holey Dollar Obv Tech August 2018

Historical reference 1793/6 in the Mira Noble Reference, the "Holey Dollars of New South Wales".

1793 Holey Dollar Rev Tech August 2018

The Mexico Mint mint mark 'M' with the circle above it is clear as are the counter stamps New South Wales and 1813.

The status of the Holey Dollar as Australia’s first coin ensures that it will never be forgotten and, as time passes, its historical value can only increase.

The Holey Dollar is wanted in all quality levels. And all price levels. And demand is coming from local collectors as well as international buyers. Jointly, they are pushing prices.

The minimum entry point for acquiring a Holey Dollar used to be $25,000 - $35,000. It now stands at $45,000 - $55,000.

We sense that, once sold, this coin will be extremely difficult to replace.

More than 80,000 convicts were transported to the penal colony of New South Wales over an eighteen-year period. One of the most famous of them all was William Henshall, the emancipated convict charged with the responsibility of creating our very first coins.

When William Henshall created this coin, he picked up a 1793 Spanish Silver Dollar that had been struck at the Mexico Mint. Using crude equipment, he cut a hole in it. He then continued the minting process by over-stamping the inner circular edge of the hole with the words New South Wales, the date 1813 and the value of five shillings.

In so doing he created history by becoming Australia’s first mint master and created one of Australia’s greatest coin rarities, the 1813 Holey Dollar.

He then continued the minting process by over-stamping the inner circular edge of the hole with the words New South Wales, the date 1813 and the value of five shillings.

In so doing he created history by becoming Australia’s first mint master and created one of Australia’s greatest coin rarities, the 1813 Holey Dollar.

No other coin has had so many books written about it. No other coin has been so highly exhibited.

Talk to those fortunate owners, either private collectors or institutions such as Macquarie Bank, National Museum of Australia and the Mitchell Library, and you quickly realise that the Holey Dollar is viewed as the jewel in their collection.

The Holey Dollar is a coin that is held in the utmost respect. It is history. Living history. And yet it is refreshingly current.

The ingenuity of Governor Lachlan Macquarie in creating our first coin is reflected in the naming of the Macquarie Bank and the bank’s ultimate adoption of the Holey Dollar as it logo.

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