THE PRIDE OF OWNING A PHILIP SPALDING HOLEY DOLLAR IS IMMEASURABLE.
Philip Spalding is unequivocally one of the most revered names in Australian numismatics. He was passionate about the Holey Dollar and he owned more than a dozen examples.
His passion extended far beyond coin ownership for he authored the book, ‘The World of the Holey Dollar’. The book was his greatest legacy and one of the finest contributions to the study of numismatics.
Now add the names Roy Farman, Ray Jewell and Colin Pitchfork to the list of former owners of this Holey Dollar.
An industry develops because of the involvement of collectors and dealers working together to the advancement of a market. These four collectors, Farman, Jewell, Pitchfork and Spalding were active participants in the industry’s advancement from the 1940s and into the 1980s.
And they each shared the pleasure of ownership of this quality Holey Dollar.
Struck on a Charles IIII 1808, Mexico Mint, Spanish Silver Dollar the original coin is graded a high quality Good Very Fine. The counter-stamps New South Wales, Five Shillings and 1813 are graded higher again at About Extremely Fine.
PREMIUM QUALITY. A CONNECTION TO HIS PEERS. THE DATE 1808. ALL OF THE ABOVE.
We can certainly understand why Philip Spalding selected this coin to appear on the front cover of his book.
Overwhelmingly Spalding would have respected the judgement of its former owners and numismatic peers, Roy Farman, Ray Jewell and Colin Pitchfork. He certainly would have had a fondness for the coin, a connection to his close colleagues.
Perhaps it was the date 1808 that appealed to him, as it does to many other collectors that hold the number eight close to their heart. A sign of good luck, no less.
It may also have been the coin's quality and aesthetic appeal for this Holey Dollar is glossy and very pleasing to the eye with the counter stamps New South Wales and 1813 close to being aligned with the date 1808.
The pride of owning a Philip Spalding Holey Dollar is immeasurable. It is a feeling that is enjoyed by only a handful of collectors.
But only one collector can ever lay claim to having their Holey Dollar featured on the front cover of Spalding’s eminent book.
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.
No other coin has had so many books written about it. No other coin has been so highly exhibited.
The Holey Dollar is a coin that is held in the utmost respect. It is 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.
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.
And there is a reason. It is our first coin. It is steeped in history and is extremely rare.