Skip to main content
Go to accessibility notice


    Exceptionally Well-Preserved Colonial 5 Shillings

    New South Wales. British Colony "Holey Dollar" of 5 Shillings 1813 AU53 NGC, KM2.9. C/S (UNC Standard). 21.22 gm. Struck over a Mexican 8 Reales of Ferdinand VII, dated 1808-Mo, assayer TH, with central plug removed. The origin of the "Holey Dollar", as it is now commonly referred to, lies in the chronic coinage shortages faced by the relatively new colony of New South Wales, Australia. As much of the foreign coinage used by the colony had been drained through the effects of trade, the ruling authorities struggled to find a new solution to maintain the viability of any sort of functioning monetary system. Various means were attempted without success, but eventually the solution that was arrived at came in the form of the colony's acquisition of a sizeable quantity of Spanish "Dollars", or 8 Reales. With these they punched the centers out, countermarking both the plug and the remained holed pieces with their own respective denominations, 15 Pence for the plugs and 5 Shillings for the larger pieces. This solution not only provided the colony with its own money, alleviating previous shortages, but assured that this unique type would no longer be exported abroad as easily as before. The 5 Shillings produced from this process remain very scarce, particularly in better states of preservation, rendering a higher-grade specimen such as this, with clear counterstamps and problem-free surfaces, a particular sight to behold. This example ranks as the very finest of the type that we have yet seen, and we don't doubt that it will elicit spirited bidding when it crosses the auction block.

    View Certification Details from NGC

    Auction Info

    Auction Dates
    August, 2019
    15th Thursday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 2,087

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Aug 15, 2019 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 2 days left to consign to the 2021 April 22 - 26 US Coins Signature Auction !

    Learn about consigning with us

    The marketing was exceptional from the photos to the ads in Civil War Times and North South Trader for the cross over people!!! I have had many emails from my Civil War collecting fraternity that saw these and I saw them at the national show in Nashville/Franklin in early December.
    Dave Noble,
    Rockwall, TX
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search