Ring Dollar Publique Deposited
In the year 1813 Governor Macquarie of New South Wales procured some ?10,000 worth of Spanish Dollars from the centres of which he had circular discs cut. Around the edges of the perforation, which is milled, the words NEW SOUTH WALES, 1813, were stamped, and on the reverse FIVE SHIL- LINGS, 1813. This coin received the name of the Holey Dollar. The circular central piece was known as a Dump; it was countermarked with a crown and the value, FIFTEEN PENCE. The Holey Dollar was current until 1829. See Numismatic Chron- icle (Series iii. 3, pp. 119-120).
- Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)