2003 Holey Dollar and Dump Silver Proof Coin

Struck in fine silver, this stunning $ proof coin celebrates one of Australia's earliest and most intriguing forms of currency the Holey Dollar and Dump.

Originating in 1813, these unusual coins were struck to redress a chronic shortage of coinage in the fledgling colony of New South Wales.

Governor Lachlan Macquarie ordered the centres of 40,000
Spanish dollars be punched out and both the outer ring and displaced plug counterstamped with new denominations.

The resulting coins proved a godsend to the settlement and were not officially withdrawn as legal tender until 1 October 1829.

Authentically recreated using cutting edge minting technology, this special edition unites both coins in an eye-catching and innovative modern design, marking a milestone in Australian numismatic history.

• Nominal Specifications
• Denomination: $1
• Mass (grams): 54.30
• Metal: Fine Silver 99.9%
• Diameter (mm): 50
• Finish: Proof