Wednesday 12 September 2012

RARE AUSTRALIAN 'HOLEY DOLLAR' FETCHES

Rare Australian 'Holey Dollar' fetches $425,000

  • The three rare Australian coins, from left "Holey Dollar", the most famous example of the nation's first coin, Adelaide Pound, the nation's first gold coin and an 1813 Colonial Dump coin before their auction in Melbourne. Photo courtesy: AFP PHOTO/ HO/ COINWORKS
SYDNEY, Aug 28, 2012 (AFP) - Three rare Australian coins including the most famous example of the nation's first coin the "Holey Dollar" have fetched Aus$880,000 (US$911,000) at auction.
The coin known as the "Hannibal Head" Holey Dollar -- created in New South Wales state in 1813 from an 1810 Silver Dollar minted at the Lima Mint in Peru -- sold for Aus$410,000, an auction record for a coin of its type.
Dealer Coinworks also auctioned an 1852 Adelaide Pound, the nation's first gold coin, at the sale in Melbourne late Monday with that item attracting Aus$370,000, while an 1813 Colonial Dump coin sold for Aus$100,000.


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