Tag Archive for coins

Australia’s Most Expensive Coin Unveiled in Perth

Western Australian Mines and Petroleum Minister Bill Johnston recently unveiled The Perth Mint’s most exclusive and valuable collectable coin to date. Valued at $2.48 million, the Discovery coin weighs in at two kilograms and was inspired by the holey dollar, which was introduced as Australia’s first official currency in 1814. “The Discovery coin showcases our…

Bicentenary of Australia’s first coins

2013, is the bicentenary of Australia’s first coins, the Holey Dollar and Dump. Royal Australian Mint Chief Executive Officer Mr Ross MacDiarmid explained that, the first Holey Dollars and Dumps were struck in 1813 from Spanish eight reale coins, to give the rapidly establishing colony of New South Wales a stable currency that would not…