Philip Spalding owned more than a dozen Holey Dollars. He selected one of them to feature on the front cover of his legendary book, The World of the Holey Dollar. It is a quality piece struck on an 1808 Mexico Mint Silver Dollar and is now available for private sale.
Open the book, and the coin is again featured on the title page.
Perhaps it was the date, or its superior quality, but the coin was quite obviously special to Spalding for he had many Holey Dollars to choose from.
The pride of owning a Philip Spalding Holey Dollar is immeasurable. It is a feeling that is enjoyed by only a handful of collectors. Only one out of this very small and privileged group can however claim to have their Holey Dollar featured on the front cover of Spalding’s eminent book.
Now in a retirement phase the current owner is passing the baton of owning this prized possession to a new collector. And with it the opportunity to take up an unparalleled investment opportunity.
Philip Spalding owned some of the best and some of the rarest Holey Dollars. It is an affirmation of the state of this coin that is was the front cover item of his book. And that it was displayed in Sydney in 2013 as part of an Exhibition sponsored by the Macquarie Group that celebrated the 200th anniversary of the striking of the Holey Dollar.
The specifics of this coins are as follows. Struck on a Charles IIII 1808, Mexico Mint Silver Dollar the original coin is graded at about Extremely Fine. The countermarks New South Wales, Five Shillings and 1813 are graded higher again at Extremely Fine.
The coin is being brought to the market at $275,000.
When you are talking Holey Dollars unequivocally, Philip Spalding is the most revered name in numismatics. Spalding was passionate about Australia’s first coin, the 1813 Holey Dollar. And he owned many examples.
His passion however extended far beyond ownership. He authored what is still to this day regarded as the ultimate reference on the history of Australia’s Holey Dollar. Published in 1973, ‘The World of the Holey Dollar’ is his greatest legacy and one of the finest contributions to the study of numismatics.
His commitment to the industry, and the nation, was further evidenced with a donation to the State Library of New South Wales of several Holey Dollars including the very famous Charles IIII Seville Mint Holey Dollar. (It is one of only two Holey Dollars that has ties to the mint in Seville, Spain.) And the equally famous Hannibal Head Holey Dollar.