‘Holey dollar’ coin: Ultra-rare Aussie treasure expected to fetch $120,000 at auction
We are watching history unfold as one of Australia’s most legendary coin heads heads to auction, an ultra-rare Holey dollar, expected to fetch A$120,000. This isn’t just about money; it’s about a clever solution born out of necessity in the early colony of New South Wales. By cutting the center from Spanish silver dollars in 1813, the colonial government created not one, but two distinct coins: the “Holey dollar” and its inner counterpart, the “dump.” What started as a practical fix has evolved into a powerful symbol of Australia’s early financial ingenuity.
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