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The "Holey Dollar" is a relic of Australia's Colonial past. Britain was unable to keep the colonies supplied with coins of the realm due largely to the expense of the Napoleonic Wars.
Governor Lachlan Macquarie acquired 40,000 Spanish Dollars in 1812. The centres were punched out resulting in the "Holey Dollar" and "Dump". The "Holey Dollar" was valued at Five Shillings and the "Dump" at Fifteen Pence.
These coins were recalled and demonetised in 1829 and melted down. There are less than 300 "Holey Dollars" known to exist, and approximately 1,000 "Dumps".
A Holey Dollar, circulated but still in good condition, might fetch anything from £35,000 to £475,000 GBP.
A reputable coin dealer will be able to give a more accurate valuation.
The Perth Mint produced 1oz silver "Holey Dollars" and "Dumps" in each of 1988, 1989 and 1990 as collector coins.
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Who are the people on the Holey Dollar notes?
The "Holey Dollar" is a coin and you cannot see whoever was on the coin because the centre has been punched out, hence the term "Holey Dollar".
What did money look like in 1830?
Australian currency did not exist in 1830, we were using mostly British currency but, due to a shortage of British currency, we used anything we could get our hands on. Australia used coins from a variety of countries, modified in some fashion and with an agreed value within the colonies. One of the best known of these was the "Holey Dollar" and the "Dump". The Holey Dollar started out as Spanish Dollar with the centre punched out and both overstamped. The Spanish had carelessly left many of these laying around where any British warship could seize them. The Holey Dollar was worth 5 shillings when circulated in the Colonies and the Dump was worth 15 pence.
What is the value of an Australian holey dollar?
An Australian 1988 "Holey Dollar" (1 oz 99.9% silver) and "Dump" (1/4 oz 99.9% silver), in absolute mint condition could fetch up to $45 AUD. (Both coins were issued as a set.) There were 100,000 minted. A reputable coin dealer will be able to give a more accurate valuation. There have been a number of non-circulating legal tender coins issued by the Royal Australian Mint (RAM) Canberra and Perth commemorating the "Holey Dollar". The "Holey Dollar" is a relic of Australia's Colonial past. Britain was unable to keep the colonies supplied with coins of the realm due largely to the expense of the Napoleonic Wars. Governor Lachlan Macquarie acquired 40,000 Spanish Dollars in 1812. The centres were punched out resulting in the "Holey Dollar" and "Dump". The "Holey Dollar" was valued at Five Shillings and the "Dump" at Fifteen Pence. These coins were recalled and demonetised in 1829 and melted down. There are less than 300 "Holey Dollars" known to exist, and approximately 1,000 "Dumps".
What is the Definition of holey?
Holey: Posessing a hole. Like Swiss cheese and doughnuts.
What has the author Philip Holey written?
Philip Holey has written: 'Menai marina'
When was Jan Udo Holey born?
Jan Udo Holey was born in 1967.
When was Holey Plains State Park created?
Holey Plains State Park was created in 1977.
How much is a liberty one dollar worth?
The Liberty Dollar is worth One Dollar!
What are the 1979 dollar worth?
It's worth one dollar.
What is the dollar that is worth the most?
The Canadian Dollar is worth the most.
How much is an American dollar worth in Europe?
A US dollar is worth 0.9822561 of a dollar in Europe
Are any coins worth money?
Yes, a penny is worth 1/100 of a dollar, a nickel is worth 1/20 of a dollar, a dime is worth 1/10 of a dollar, and a quarter is worth 1/4 of a dollar!
