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Nation's Million Dollar Note. In Melbourne.

Australians love their history. And everyone loves money. And that includes talking about money and looking at money. Melbournians will be treated to a lavish display of both at the Melbourne Money Expo, 27 and 28 August at the Melbourne Tennis Centre.

Melbourne Money Expo hosted by the Australasian Numismatic Dealers Association Inc. (ANDA)

Venue:  Melbourne Park Function Centre, Melbourne and Olympic Parks (right next to the famous Rod Laver Tennis Arena)

Date: Saturday 27 August and Sunday 28 August. Doors open at 10am.

Entry: Gold coin donation with all proceeds going to ANDA

Coinworks is renowned for its fabulous coin displays and exhibitions. In August, at the Expo, the company will host a multi-million dollar Exhibition of Australia’s most important currency treasures including the first banknote of the Commonwealth of Australia, M000001, and the most valuable display of Holey Dollars ever seen. To celebrate and promote the event, a souvenir guide of the Exhibition will be yours free.

And with a gold coin donation entry to the Expo, Coinworks is giving you every reason to come along and bring family and friends to see not one, but two, once-in-a-lifetime exhibits that are as valuable as they are historical and informative.

The Number One Banknote is a national treasure. It survives today in pristine condition as the nation’s greatest financial legacy, a symbol of Australia’s emergence as a nation and the brain-child of Prime Minister Andrew Fisher. It also is very proudly ‘Melbourne’ having been created on 1 May 1913 when it was numbered by the Governor General’s daughter at an official ceremony held at the King’s Warehouse in Flinders Street, Melbourne. The opportunity to see this wonderful piece of Australiana is almost as unique as the note itself.

It was last publicly displayed in 2013 at the World Stamp Expo and an estimated 30,000 visitors flocked to see it over a five day period.

This year’s display of the Number One note at the Melbourne Money Expo has been restricted to just two days. After that it will be stored away in a bank vault. To ensure the security and integrity of the note at the Expo, a specially manufactured high security showcase will be installed to allow visitors close proximity to the piece. And to grab a photo if they so desire.

Sitting alongside the Number One Note, in the Coinworks Expo booth, will be a $6 million display of the nation’s very first coins. Only Coinworks could put such a display together. Fourteen Holey Dollars with a total value in excess of $6 million. Five of them are unique and all of them the finest of their type.

Coinworks last displayed a multi-million dollar holding of Holey Dollars in Sydney in 2013 with the Macquarie Group. This year’s display at the Melbourne Expo is even bigger and better. To ensure the security and integrity of the coins, a specially manufactured high security showcase will also be installed to allow visitors close proximity and to grab some photos.

The 1813 Holey Dollar is the most famous icon of Lachlan Macquarie’s years as Governor of the penal colony of New South Wales (1810 – 1821). As the nation’s first domestic coin it also is Australia’s most desirable.

The Holey Dollar began its life as a Spanish Silver Dollar. Macquarie’s inspired solution to the colony’s currency crisis was to import 40,000 Spanish Silver Dollars purchased from the East India Company. He enlisted the services of convicted forger, William Henshall, to re-cut each single dollar into two individual pieces.

Using very crude equipment, William Henshall punched out the centre of each dollar to create an outer ring and an inner disc. The donut-shaped ring was re-stamped to become the 1813 Holey Dollar and the inner disc that fell out of the hole was re-stamped to become the 1813 Dump. Two coins out of one. And it was at the point of the re-stamping that William Henshall, (who in reality was the nation’s very first mint-master), created the nation’s first coins.

The Holey Dollar was created from a Spanish Silver Dollar. Which means that every Holey Dollar has its own story to tell. Where was the Spanish silver dollar manufactured … in Spain or the Spanish colonies? And during the reign of which Spanish King.? Which is why we say that while all Holey Dollars rare, some are far rare than others. 

To celebrate this historical event, ‘First Coin, First Note’, Coinworks is giving away a Souvenir Booklet of the Exhibition, only available at the Coinworks booth. And the chance to win five original Spanish Silver Dollars (the coins that were used to create the Holey Dollar).

All enquiries: belinda@coinworks.com.au and paul@coinworks.com.au

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