Australia New South Wales Sydney
Holey Dollar, 1813 Five Shillings
Struck from an 8 Real piece from the mint at Lima in 1782 with the counterstamp dies A/I
In 1813 Governor Lachlan Macquarie overcame an acute shortage of currency by arranging for the purchase of Spanish silver dollars, having the centres punched out and therein creating two new coins - the 'Holey Dollar' (valued at five shillings) and the 'Dump' (valued at one shilling and three pence). This doubled the number of coins in circulation and increased their total worth by 25 per cent. The work was carried out by William Hanshall, a convict transported for forgery.
A ring shaped silver coin (40 mm diameter) manufactured by cutting a circular 'dump' from the centre of a Lima mint 8 real piece of 1782 and counterstamping the words NEW SOUTH WALES 1813 around the central hole on one side (the obverse) and the words [FIVE +] SHILLINGS on the other (the reverse). On this example the word FIVE and the fleur de lis has been removed through wear during circulation. The reverse also has a spray of leaves with the engraver's initial H.
Overstruck around a circular hole cut from a Lima Mint 8 Real coin, NEW SOUTH WALES 1813, around the rim of the original coin LIMA (as a monogram) 8 R M.I. HISPAN. ET IND. REX. This was the reverse of the host coin and featured a crowned shield of Spain supported by the pillars (mostly removed with the central dump).
Overstruck around a circular hole cut from a Lima Mint 8 Real coin, FIVE + SHILLINGS, around the rim of the original coin CAROLUS [III] DEI GRATIA 1782. This was the obverse of the host coin and featured a laureate bust of Charles III (mostly removed with the central dump) facing right. At the bottom of the overstrike is a spray of olive leaves with the artist's initial H at its centre.
Circle & rectangle pattern.
Transfer from National Gallery of Victoria (NGV), Eugene von Guerard, 15 Mar 1976
Obverse: NEW SOUTH WALES 1813 LIMA 8 R M.I. HISPAN. ET IND. REX Reverse: FIVE + SHILLINGS H CAROLUS [III] DEI GRATIA 1782
Type of item
3 mm (Depth), 39 mm (Outside Diameter), 20.021 g (Weight)
Depth of coin was originally about 1.7 mm but it is bent.
Round with hole
Mira Noble No. 1782/1
[Book] Mira, William J. & Noble, W J. 1988. The Holey Dollars of New South Wales.
[Catalogue] Pullin, Ruth. 2011. Nature Revealed: Eugene von Guerard.