Dominica Holey Dollar and Dump


DOMINICA SN 7014 & 7029 HD & DUMP rev LARGE
Dominica Holey Dollar and Dump
COIN
Dominica Holey Dollar and Dump
QUALITY
Holey Dollar (Good Very Fine) Dump (Nearly Extremely Fine)
PROVENANCE
Barrie Winsor Collection
PRICE
$15,000
COMMENTS
History has judged the British colony of Dominica (in the Caribbean) as being somewhat of a trail blazer in the creation of Holey Dollars and Dumps. Embarrassed by the lack of English currency, Dominica took up the practice of ‘holing’ Spanish silver dollars and adapting the mutilated coins to a local currency as early as 1760. More than half a century earlier than the penal colony of New South Wales. This extremely rare 1798 Dominica Holey Dollar was created from a 1797 Mexico Mint Silver Dollar that was pierced with a hole etched by 15 notches. The Dump, also issued in 1798, was the centre plug that fell out of the hole during the striking of the Holey Dollar and features 15 notches, a well-defined script ’D’ and a small star within the ‘D’. Both the Holey Dollar and the Dump show minimal circulation and are extremely well preserved.
STATUS
Sold August 2017
DOMINICA SN 7014 & 7029 HD & DUMP obv LARGE
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Dominica is a Caribbean Island. First sighted by Christopher Columbus in 1493, later colonized by the French in the 17th century and a British colony one century later.

Between 1642 and 1650, French missionary Raymond Breton became the first regular European visitor to the island.

In 1660, the French and English agreed that Dominica and St. Vincent should not be settled, but left to the Caribs as neutral territory.

But its natural resources attracted expeditions of English and French foresters, who began harvesting timber.

In 1690, the French established their first permanent settlements. French woodcutters from Martinique and Guadeloupe began to set up timber camps to supply the French islands with wood and gradually become permanent settlers.

In 1727, the first French commander, M. Le Grand, took charge of the island with a basic French government; Dominique formally became a colony of France, and the island was divided into districts or "quarters". 

 

Already installed in Martinique and Guadeloupe and cultivating sugarcane, the French gradually developed plantations in Dominica for coffee. They imported so many African slaves to fill the labour demands that the population became predominantly African in ethnicity.

In 1761, during the Seven Years' War in Europe, a British expedition against Dominica led by Andrew Rollo conquered the island along with several other Caribbean islands. In 1763, France ceded the island to Great Britain under the Treaty of Paris.

The same year, the British established a legislative assembly, representing only European colonists. French remained the official language, but Antillean Creole was spoken by most of the population. In 1778 the French, with the active co-operation of the population, began the Invasion of Dominica, which was ended by the 1783 Treaty of Paris. French invasions in 1795 and 1805 ended in failure. 

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