Where is it from?

Association locations map

Similar items over time

Coin - Holey Dollar (5 Shillings), New South Wales, Australia, 1813 Numismatics Reg. No: NU 3254

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.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 39 mm (Diameter)
Weight: 20.021 g (Weight)
Dimension Comment: Depth of coin was originally about 1.7 mm but it is bent.

More information

Tagged with: economics, european settlement of australia, holey dollars
Themes this item is part of: Numismatics & Philately Collection, Eugene von Guerard Collection
Primary Classification: COINS
Secondary Classification: Australia - New South Wales
Tertiary Classification: working strikes
Series: Holey Dollar
DateEra: 1813 AD
Denomination: Holey Dollar (5 Shillings)
Obverse Description: 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).
Reverse Description: 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.
Edge Description: Circle & rectangle pattern.
Inscriptions: Obverse: NEW SOUTH WALES 1813 LIMA 8 R M.I. HISPAN. ET IND. REX
Shape: Round with hole
Material: Silver
Issued By: Sydney, New South Wales, Australia
Mint: Lima (Mint), 1782
Artist: William Henshall, 1813
References: Mira Noble No. 1782/1
  1. [Book], W Noble - Noble Numismatics, Dr William Mira, The Holey Dollars of New South Wales, Australian Numismatic Society, Sydney, 1988
  2. [Catalogue] Pullin, Ruth. 2011. Nature Revealed: Eugene von Guerard.

Add your comment

  • Museum Victoria does not provide valuations, for more information please visit the valuation infosheet
  • Please note that Museum Victoria staff will not normally respond to comments posted on our website.
Yes No