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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".

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14y ago
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14y ago

An Australian 1989 "Holey Dollar" (1 oz 99.9% silver) and "Dump" (1/4 oz 99.9% silver), in absolute mint condition could fetch up to $50 AUD. (Both coins were issued as a set.)

There were 45,000 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".

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11y ago

If you refer to the original "Holey Dollar" initiated by Governor Lachlan Macquarie in 1813, you could be looking at anything between $40,000 and $500,000 AUD depending on condition.

If you refer to the "subscription" Fine Silver Proof coins issued between 1996 and 2008, it would depend on the type of set they were issued in and how many coins were in the set.

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Q: What is the value of an Australian holey dollar?
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