Fifteen pence 'dump' coin
Agency/Maker
William Henshall
Production date
Circa 1813
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Object Detail
Macquarie directed William Henshall, a convicted forger, to cut out the circular centre piece from each of the 40 000 Spanish dollars that arrived in the colony in 1812. The outer ring of the Spanish dollar became known as the 'holey dollar'. The cut out centre piece was named the 'dump'.
On 1 July 1813, Governor Macquarie issued a proclamation establishing the validity of the colony's holey dollar and dump. He also set their value at five shillings for the holey dollar and 15 pence for the dump.