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Monday, June 9, 2014
1899 Victoria Silver Half Rupee in Mint State With Beautiful Toning
Monday, May 12, 2014
Holey Dollar and Dump - A History 1788 – 1822
Holey Dollar and Dump – A History 1788 – 1822
- 1813 Holey Dollar – 200 years commemorating Australia Coinage
- Australia Silver Holey Dollar from 1803 Spanish Carlos IIII 8 Reale
When the colony of New South Wales was founded in Australia in 1788, it ran into the problem of a lack of coinage. Foreign coins – including British, Dutch, Indian and Portuguese – were common in the early years, but much of this coin left the colony by way of trade with visiting merchant ships.
To overcome this shortage of coins, Governor Lachlan Macquarie took the initiative of using £10,000 in Spanish dollars sent by the British government to produce suitable coins in a similar manner to that described above. These coins to the value of 40,000 Spanish dollars came on 26 November 1812 on HMS Samarang from Madras, via the East India Company.
Governor Macquarie had a convicted forger named William Henshall cut the centres out of the coins and counter stamp them.The central plug (known as a dump) was valued at 15 pence (i.e., 1 shilling, 3 pence, or 1s 3d), and was restruck with a new design (a crown on the obverse, the denomination on the reverse), whilst the holey dollar received an overstamp around the hole (“New South Wales 1813″ on the obverse, “Five Shillings” on the reverse). This distinguished the coins as belonging to the colony of New South Wales, creating the first official currency produced specifically for circulation in NSW. The combined nominal value in NSW of the holey dollar and the dump was 6s 3d, or 25 percent more than the value of a Spanish dollar; this made it unprofitable to export the coins from the colony.
The project to convert the 40,000 Spanish coins took over a year to complete. Of the 40,000 Spanish dollars imported, 39,910 holey dollars and 39,910 dumps were made, with the balance assumed to have been spoiled during the conversion process. The converted coins went into circulation in 1814.
From 1822 the government began to recall the coins and replace them with sterling coinage. By the time the holey dollar was finally demonetised in 1829, most of the 40,000 coins in circulation had been exchanged for legal tender and melted down into bullion. Experts estimate that only 350 Holey dollars and 1500 dumps remain. The rarity of the Australian holey dollar ensures that even those in relatively poor condition are valuable. There are many stories of holey dollars being found in unusual circumstances.
- See more at: http://australiasilver.com/perth-mint-silver/holey-dollar-and-dump/holey-dollar-and-dump/#sthash.3NubI2qi.dpuf
Sunday, March 9, 2014
Fiji Silver Pre Decimal Coin Mintage Information
Fiji Silver Pre Decimal Coin Mintage Information
6D
Year Mintage
1934 160,000
1935 120,000
1936 140,000
1937 40,000
1938 40,000
1940 40,000
1941 40,000
1942 S 400,000
1943 S 400,000
Shilling
Year Mintage
1934 360,000
1935 180,000
1936 140,000
1937 40,000
1938 40,000
1940 40,000
1941 40,000
1942 S 500,000
1943 S 500,000
Florin
Year Mintage
1934 200,000
1935 50,000
1936 65,000
1937 30,000
1938 20,000
1941 20,000
1942 S 250,000
1943 S 250,000
1945 100,000
Tuesday, February 25, 2014
Ceylon Silver Coin Mintages Queen Victoria
Ceylon Silver Coin Mintages
| 10 Cents | |
| Year | Mintage |
| 1892 | 2,500,000 |
| 1893 | 2,500,000 |
| 1894 | 3,000,000 |
| 1897 | 1,500,000 |
| 1899 | 1,000,000 |
| 25 Cents | |
| Year | Mintage |
| 1892 | 500,000 |
| 1893 | 1,500,000 |
| 1895 | 1,200,000 |
| 1899 | 600,000 |
| 1900 | 400,000 |
| 50 Cents | |
| Year | Mintage |
| 1892 | 250,000 |
| 1893 | 750,000 |
| 1895 | 450,000 |
| 1899 | 100,000 |
| 1900 | 200,000 |
Saturday, March 16, 2013
1966 Silver Round 50c Coin in presentation Card from the Perth Mint
1966 Silver Round 50c Coin in presentation Card from The Perth Mint, featuring:
- Unique Round Shape
- 80% Silver
- Single Year Issue
- Australian Legal Tender
- Uncirculated Quality
- Presentation Card
UNIQUE ROUND SHAPE
Australia’s first 50c coin was only in circulation during the year of 1966, making this a rare collectable. Made from 80% silver, the coin was often hoarded or melted for its metal value causing the coin to vanish from circulation. After 1966, the new 50c piece was neither silver or round making it distinguishable from the 20c coin.
UNICIRCULATED QUALITY
Issued as Australian legal tender, the coin is presented in uncirculated quality.
PRESENTATION CARD
Each coin is housed in a presentation card with a circular window, revealing the coin’s reverse and obverse designs.
Monday, March 11, 2013
Ireland Silver Shilling - Very High Grade Coin Lustrous UNC
IRELAND Silver Shilling 1942 Lustrous UNC Standard Cat. of World Coins Ref: KM# 14 SHILLING 5.6552 g., 0.7500 Silver, 23.6 mm. Obv: Irish harp Obv. Leg.: EIRE (Ireland) Rev: Bull Edge: Reeded
Monday, August 27, 2012
Three Rare Coins Sell For Nearly $900k
Three rare Australian coins have fetched almost $900,000 at auction - taking out two records in the process.
Australia's first coin, known as the 'Hannibal Head' Holey Dollar, sold for $410,000, while the first gold coin, an 1852 Adelaide pound, netted $370,000.
Both coins fetched record prices for coins of their type sold at auction, with the pound eclipsing the previous record by $240,000.
The coins went under the hammer in Melbourne on Monday night along with an 1813 Colonial Dumps coin, which had a less impressive result, selling for half the estimated price at $100,000.
Coinworks managing director Belinda Downie said it was an exciting auction result.
'It was a win-win. The vendor's happy. I saw really beautiful quality coins sell for very exciting prices, so, from a Coinworks perspective, and an industry perspective, there are no complaints,' she told AAP.
The top selling Holey Dollar is the only one of its type in private hands, with the only other known example housed in the NSW State Library.
'This one is unique for private buyers,' Ms Downie said.
'The quality of the coin is superior to most. It's got a really gorgeous history.'
The Holey Dollar was created from 40,000 Spanish coins acquired by Governor Lachlan Macquarie to alleviate Australia's coin shortage.
Governor Macquarie enlisted the services of convicted forger William Henshall to cut a hole in the centre of each dollar and later to stamp each with the words New South Wales and a five shilling value.
The rare coin gained notoriety after being found in 1881 as part of a bushranger's hoard and was later owned by the Tasmanian governor, Ms Downie said.
'Right from the onset this particular coin has always enjoyed publicity,' she said.
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