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3 Rare Australian Coins Sell for Almost $900,000 at Auction

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3 Rare Australian Coins Sell for Almost $900,000 at Auction

Post by Dirtbikepilot on Tue Aug 28, 2012 9:14 am

Three rare Australian coins sold for almost $900,000 at a Melbourne auction on Monday night. The sale broke two records.The coin that fetched the highest price was the Hannibal Head Holey
Dollar sold for $410,000. It was shaped in New South Wales in 1813 from a
silver dollar minted in Peru in 1810.
The second coin, an 1852 Adelaide pound, sold for $370,000. The sale
broke record for coins of their type sold at auction. The pound,
Australia's first gold coin, broke the previous record of $240,000.

The third coin, an 1813 Colonial Dumps coin, fetched only half of the
estimated price at $100,000. It was a centerpiece from one of the
doughnut coins with the stamp fifteen pence.

The Holey Dollar is the only one in private hands. Another similar
coin that belongs to the 40,000 Spanish coins acquired then by Governor
Lachlan Macquarie to address Australia's coin shortage is owned by the
New South Wales State Library.

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Re: 3 Rare Australian Coins Sell for Almost $900,000 at Auction

Post by alexisio on Wed Aug 29, 2012 2:20 pm

I told them, i didnt want anyone to know who brought them!

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