Mac300


94113-Header-Top-Dollars-HD-Article-July-2025
94113-Mobile-Header-Top-Dollars-HD-Article-July-2025

In the realm of rare coins, Holey Dollars exist on a different plane. They transcend mere collectibles, and have become coveted objects that represent the pinnacle of Australia's numismatic industry, our very first coin.

Owning a Holey Dollar isn't just about adding another coin to a collection. It's about indulging in an experience, a fusion of history and prestige.  You are not just buying a coin, you own the experience.

M300-Desktop-1757-Ferdinand-TECH-July-2025
1757 • Ferdinand VI • Mexico • The Pillar Dollar

Design type: 1

Mac300: 1757/1 Mira/Noble: 1757/1

Dies: I/4 : A/1 

Date of the silver dollar: 1757

Reigning monarch: Ferdinand VI (1746 - 1759)

Design of the silver dollar: pillar type

Portrait: no portrait, the reverse features two classically styled pillars

Legend: Ferdinand VI (on the reverse)

Quality of the silver dollar : About Fine 

Quality counter stamps: About Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value: $500,000


M300-Desktop-43320-1777-Charles-III-Mexico-TECH-July-2025
1777 • Charles III • Mexico Mint

1813 Holey Dollar struck from a Spanish Silver Dollar that was struck at the Mexico Mint in 1777. An impressive piece with glossy surfaces. The counter-stamps are graded About Uncirculated, the 'H' for Henshall at the intersection of the two twigs is well formed. (Not just a smudge as we see in most Holey Dollars.)

The coin is glossy and highly impactful. The counter-stamps 'New South Wales' and '1813' have silver lustre and beautiful colours in the lettering.


M300-Desktop-1788-Ferdinand-TECH-July-2025
1788 • Charles III • Mexico Mint • The Montague Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type depicting the portrait and legend of Charles III. This coin is the finest of twenty two Charles III Holey Dollars. 

The quality of the Spanish Silver Dollar is amazing when you consider that it was minted in 1788 and had twenty five years of circulation before it was converted into a Holey Dollar in 1813. We also note that the counter stamps, applied by William Henshall around the edge of the hole are vertically aligned on both obverse and reverse. This is the optimum position of the counter stamps and was rarely ever achieved. Given the date of 1788, and its precise counter stamps, there is some suggestion that the coin may have been especially struck.

Design type: 2

Date of the silver dollar: 1788

Reigning monarch: Charles III (1759 - 1788)

Design of the silver dollar: colonial bust type

Portrait: Charles III

Legend: Carolus (Charles) III

Quality of the silver dollar : About Extremely Fine

Quality counter stamps: Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $500,000+


M300-Desktop-1789-Charles-Deceased-TECH-July-2025
1789 • Charles III • Mexico Mint • Charles III (deceased) Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type depicting the portrait and legend of the deceased King Charles III (Charles III died in December 1788). To maintain coin production, the colonial mints continued to produce coinage with the legend and portrait of the deceased king. Three hundred Holey Dollars survive today and of those, only two have this extraordinary design detail.

The first is a well circulated example, the silver dollar issued at the Mexico Mint. It is unique for the mint. The second is this coin, the silver dollar originating at the Lima Mint in Peru. It is again unique for the mint. We comment on its superior quality for the dollar circulated twenty four years before it was converted into this Holey Dollar in 1813. Amazing!

Design type: 3

Date of the silver dollar: 1789

Reigning monarch: Charles IV (1788 - 1808)

Design of the silver dollar: colonial bust type

Portrait: Charles III

Legend: Carolus (Charles) III

Quality of the silver dollar : Extremely Fine

Quality counter stamps: Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $550,000+


M300-Desktop-1788-Charles-III-TECH-160603-3545-3543-August-2025
1788 Charles III

M300-Desktop-96444-1789-July-2025
1789 Charles III Spalding
M300-Desktop-1790-Charles-III-IV-OBV-July-2025
M300-Desktop-1790-220422-8689-8684-TECH-August-2025
The Charles III on Charles IV Holey Dollar

To ensure that the colonial mints could continue their coinage production uninterrupted, a Royal decree granted them the right to amend the legend to Carolus IV to acknowledge the new monarch but continue striking coins with the portrait of the deceased King Charles III. 

This coin is the finest of eight privately held examples depicting the portrait of Charles III and the legend Carolus IV.

Design type: 4

Date of the silver dollar: 1790

Reigning monarch: Charles IV (1788 - 1808)

Design of the silver dollar: colonial bust type

Portrait: Charles III

Legend: Carolus (Charles) IV

Quality of silver dollar : About Extremely Fine

Quality counter stamps: Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $400,000+


M300-Desktop-1791-Charles-IV-Mexico-Tusculum-OBV-July-2025
1791 Charles IIII Mexico 'Tusculum'

M300-Desktop-1793-180503-2489-2474-July-2025
1793 Charles IIII Holey Dollar

M300-Desktop-15761-1793-6-Mexico-180817-733-718-July-2025
1793-6 Mexico Mint

M300-Desktop-1794-9-Potosi-180817-707-TECH-July-2025
1794-9 Potosi Mint

M300-Desktop-1798-Charles-IV-Mexico-GEF-July-2025
1798 Charles IIII Mexico Mint
M300-Desktop-49734-1800-Charles-IV-Limal-TECH-July-2025
1800 Charles IIII Lima

M300-Desktop-1802-Charles-IV-Madrid-Continental-TECH-July-2025
The Madrid (Continental) Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type that was minted at the Madrid Mint. The Spanish Mints of Madrid and Seville produced silver dollars of a different design to those minted in the colonies and are referred to as Continental dollars. They were a status of Royalty, the Church and wealthy landowners and were as a consequence hoarded. Holey Dollars converted from Continental dollars are by default, exceedingly scarce. 

This is the finest of six Continental Holey Dollars (two Seville Mint and four Madrid Mint) and the only one in private hands. Noted in 1988 as 'the most desirable' of all Holey Dollars.

Design type: 6

Date of the silver dollar: 1802

Reigning monarch: Charles IV (1788 - 1808)

Design of the silver dollar: continental bust type 

Portrait: Charles IV

Legend: Carolus (Charles) IIII

Quality of the silver dollar : Good Extremely Fine

Quality counter stamps: Good Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $675,000+


M300-Desktop-79860-1803-Charles-IV-Mexico-TECH-July-2025
1803 Charles IIII Mexico Mint

M300-Desktop-43325-1804-Charles-IV-Mexico-TECH-July-2025
1804 Charles IIII Mexico Mint

M300-Desktop-1805-Charles-IV-Mexico-TECH-July-2025
The Unique Charles IIII Holey Dollar

The Unique Charles IV Holey Dollar

This Holey Dollar is without peer. A Holey Dollar created from a Spanish Silver Dollar that shows no signs of circulation. It begs the question ... as the original silver dollar was minted in Mexico in 1805, how did it avoid usage in the seven years before it arrived in the colony of New South Wales? And how did it avoid usage after it was converted into a Holey Dollar in 1813? 

Miraculous preservation, unique for quality, and the absolute finest of the three hundred Holey Dollars that are held in private collections and institutions, worldwide. 

Design type: 5

Date of the silver dollar: 1805

Reigning monarch: Charles IV (1788 - 1808)

Design of the silver dollar: colonial bust type

Portrait: Charles IV

Legend: Carolus (Charles) IIII

Quality of silver dollar : Uncirculated

Quality counter stamps: Uncirculated

Value $600,000+


M300-Desktop-65892-1805-Charles-IIII-Mexico-Mint-July-2025
1805 Charles IIII Mexico Mint

M300-Desktop-1807-Charles-IV-Potosi-TECH-July-2025
1807 Charles IIII Potosi - REPLACE

M300-Desktop-B-16773-1808-6-Mexico-161205-660-659-August-2025
1808-6 Mexico Mint Charles IIII Holey Dollar

M300-Desktop-1808-Ferdinand-VII-180724-August-2025
1808 Ferdinand VII Holey Dollar

M300-31683-Desktop-1808-Charles-IV-Lima-TECH-July-2025
1808 Lima Mint Charles IIII Holey Dollar

The finest Lima Mint Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type depicting the portrait and legend of Charles IV, this coin is the finest of twenty two Holey Dollars with ties to the Lima Mint in Peru.

At Good Extremely Fine, this coin is in the top four of the three hundred Holey Dollars held in private collections and institutions, worldwide. We also note the counter stamps on the obverse, applied by William Henshall around the edge of the hole, are in the same vista as the date 1808. This is the optimum position of the counter stamps and was rarely ever achieved by mint master, William Henshall.

Date of the silver dollar: 1808

Reigning monarch: Charles IV (1788 - 1808)

Design of the silver dollar: colonial bust type

Portrait: Charles IV

Legend: Carolus (Charles) IV

Mint mark: LMAE monogram in the legend on the reverse

Quality of the silver dollar : Good Extremely Fine

Quality counter stamps: About Uncirculated

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $500,000+


M300-Desktop-1809-130912-481-TECH-August-2025
1809 Holey Dollar
M300-Desktop-1809-Ferdinand-VII-Mexico-TECH-July-2025
1809 The Ferdinand VII Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type depicting the portrait and legend of Ferdinand VII. In 1808, Charles IV abdicated the throne for his son Ferdinand VII. In that same year, Napoleon Bonaparte persuaded Ferdinand to relinquish his monarchical authority. He, in turn, placed his brother Joseph Bonaparte on the Spanish throne. The colonial Mexico Mint refused to accept Bonaparte as king and continued to use the portrait and legend of Ferdinand VII. 

This coin is the finest of thirteen Holey Dollars featuring the legend and portrait of Ferdinand VII.

Design type: 7

Date of the silver dollar: 1809

Reigning monarch: Joseph Bonaparte (1808 - 1813)

Design of the silver dollar: colonial bust type

Portrait: Ferdinand VII

Legend: Ferdinand VII

Quality of silver dollar : Extremely Fine

Quality counter stamps: Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $500,000+


M300-Desktop-72555-1810-Hannibal-Head-Lima-TECH-July-2025
1810 The Hannibal Head Holey Dollar

M300-Desktop-1810-Hannibal-Head-Lima-TECH-July-2025
1810 The Hannibal Head Holey Dollar

Created from a Spanish Silver Dollar of the 'bust' type depicting the legend of Ferdinand VII and an imaginary portrait referred to as the 'Hannibal Head'. In 1808, Charles IV abdicated the throne for his son Ferdinand VII. In that same year, Napoleon Bonaparte persuaded Ferdinand to relinquish his monarchical authority. He, in turn, placed his brother Joseph Bonaparte on the Spanish throne. The colonial mint in Lima Peru also refused to accept Bonaparte as king and maintained the legend Ferdinand VII. In an even stronger political protest, the Lima Mint introduced a new portrait of the monarch to its dollars - said to be most unflattering -  referred to as the 'Hannibal Head'. 

This coin is the finest of two Hannibal Head Holey Dollars and is the most historic of the nation’s Holey Dollars. Its discovery was written up in the Hobart Mercury (1883) and the Sydney Morning Herald (1884). Furthermore, a pencil drawing of this coin, published in 1883 in London's Numismatic Chronicle, is the earliest known illustration of Australia’s very first coin (shown here). 

Design type: 8

Date of the silver dollar: 1810

Reigning monarch: Joseph Bonaparte (1808 - 1813)

Design of the silver dollar: colonial bust type

Portrait: imaginary, known as the Hannibal Head

Legend: Ferdinand VII

Quality of silver dollar: About Extremely Fine

Quality counter stamps: Extremely Fine

Exhibited: Macquarie Bank 2013, Royal Australian Mint 2019

Value $550,000+

94113-Hannibal-Head-Pencil-Drawings-February-2025

M300-Desktop-1810-Mexico-180817-747-July-2025
1810-2 Mexico Mint
CONTACT US
COINWORKS SERVICES
MEET THE PEOPLE BEHIND COINWORKS

CONTACT

PO Box 1060 Hawksburn Victoria Australia 3142

© Copyright: Coinworks 

BE INFORMED

Discover new coins and collections added weekly.
Please provide your first name
Please provide your last name
You must provide an email address
I am not a robot is required