Lot 7
Accompanied by a rare First Edition copy of Coleman P. Hyman's 'Coins, Coinages and Currency of Australia' (1893) & a bound copy of the 'Comic History of New South Wales' (from 1777-1877)
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Exhibited:
- 355 Literature:
- Collectibles Medium:
- Coins, Monies & Stamps Circa:
- Coins, Australia & New Zealand Notes:
- Struck on a contemporary forgery of a Holey Dollar this coin is a cut Quarter Section believed to have held the equivalent value of One Shilling. It is a unique survivor probably having been cast aside in a traders drawer when it was realised that they had been passed a coin made of debased silver. The author Coleman P. Hyman specifically relates to having seen this coin in the collection of the politician Henry C. Dangar in his important work titled an Account of the Coins, Coinages and Currency of Australasia which was published in conjunction with a display of Australian currency at the 1893 Worlds Columbian Exposition in Chicago. Coleman references another publication the Comic History of New South Wales as being a primary source of information regarding the practice of sectioning Holey Dollars to create smaller denominations. Hyman also mentions that some believed that Dumps were also quartered to create threepenny coins. Certainly, the coins of the Caribbean on which Governor Macquarie based the Holey Dollars and Dumps were sectioned into bits of smaller denominations although there is no official record of this practice being sanctioned in New South Wales.
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