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Struck from 1/4 oz of 99.99% pure gold, this coin commemorates the 225th anniversary of Australia’s Proclamation coin - the Spanish Pillar Dollar. A historically significant piece and a valuable addition for collectors, reflecting the first currency minted in Australia.
COIN HIGHLIGHTS
- Proof quality 99.99% pure gold
- 225th Anniversary of Australian Proclamation coins
- Spanish Pillar Dollar design
- Unique 'Mo' mintmark
- Australian legal tender
225th ANNIVERSARY OF AUSTRALIAN PROCLOMATION COINS
Although it remains a topic of considerable numismatic debate, a Proclamation coin is usually defined by its inclusion in Governor Philip Gidley King’s famous edict of 19 November 1800, which attempted to solve the currency crisis afflicting the colony of New South Wales.
In response to the ongoing shortages, 40,000 Spanish reales were brought into the colony by Governor Lachlan Macquarie in 1812. A decision was made to increase the number of available coins by cutting out the centre of each coin. The coins then underwent a counter stamping process, designating the outer ring as the 'holey dollar', and the centre as the 'dump'. This operation prevented the coins from being exported and led to the creation of the first currency minted in Australia.
SPANISH PILLAR DOLLAR TRIBUTE DESIGN
The coin’s reverse design pays homage to the Spanish Pillar Dollar, also known as a peso, or a ‘piece of eight’. Under the inscription ‘VTRAQUE’ (meaning 'both are one'), the coin portrays the Spanish Crown and two hemispheres representing the Old World and the New World. These elements are surrounded by representations of the Pillars of Hercules, both draped in spiralling banners displaying the words ‘PLVS VLTRA’ (meaning 'more beyond'). It has been suggested that the s-shaped configuration of the banners around the columns explain the origin of the ‘$’ sign. Included in the design is a unique ‘Mo’ mintmark, indicating the coin's origin from Mexico City. This design element pays homage to the tradition of Spanish Empire coins bearing distinct mintmarks signifying their minting location. Also on the reverse is the 2025 year-date.
PRESENTATION PACKAGING
The coin is housed in a classic black display case. Packaged in a themed shipper, the release is accompanied by a numbered certificate of authenticity.
ABOUT THE PERTH MINT
The Perth Mint opened in 1899 as the British Royal Mint's 3rd branch in Australia. The historical Hay Street location handled gold refining until moving to a modern facility in April 1990. Ownership of the mint was transferred to the Government of Western Australia in July of 1970. Under an agreement with the Commonwealth Treasury, they were empowered to mint and market gold, silver, and platinum as Australian legal tender to investors and collectors worldwide. Today, they are amongst the elite world mints whose pure gold, silver, and platinum items are trusted without question. Items such as the Australian Nugget, Silver Coin Series (Kangaroo, Kookaburra, Koala, and Platypus to name a few), as well as the Australian Lunar Gold and Silver Coin Series are extensively sought after by bullion investors worldwide.
| 10823 | |
| 2025 | |
| Proof | |
| New | |
| 9999 | |
| Australia | |
| Perth Mint | |
| 25 AUD | |
| 750 | |
| Dan Thorne (obverse) Sean Rogers (reverse) |
| 1/4 oz | |
| 20.60 | |
| 2.30 |
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Struck from 1/4 oz of 99.99% pure gold, this coin commemorates the 225th anniversary of Australia’s Proclamation coin - the Spanish Pillar Dollar. A historically significant piece and a valuable addition for collectors, reflecting the first currency minted in Australia.
COIN HIGHLIGHTS
*Proof quality 99.99% pure gold
*225th Anniversary of Australian Proclamation coins
*Spanish Pillar Dollar design
*Unique 'Mo' mintmark
*Australian legal tender
225th ANNIVERSARY OF AUSTRALIAN PROCLOMATION COINS
Although it remains a topic of considerable numismatic debate, a Proclamation coin is usually defined by its inclusion in Governor Philip Gidley King’s famous edict of 19 November 1800, which attempted to solve the currency crisis afflicting the colony of New South Wales.
In response to the ongoing shortages, 40,000 Spanish reales were brought into the colony by Governor Lachlan Macquarie in 1812. A decision was made to increase the number of available coins by cutting out the centre of each coin. The coins then underwent a counter stamping process, designating the outer ring as the 'holey dollar', and the centre as the 'dump'. This operation prevented the coins from being exported and led to the creation of the first currency minted in Australia.
SPANISH PILLAR DOLLAR TRIBUTE DESIGN
The coin’s reverse design pays homage to the Spanish Pillar Dollar, also known as a peso, or a ‘piece of eight’. Under the inscription ‘VTRAQUE’ (meaning 'both are one'), the coin portrays the Spanish Crown and two hemispheres representing the Old World and the New World. These elements are surrounded by representations of the Pillars of Hercules, both draped in spiralling banners displaying the words ‘PLVS VLTRA’ (meaning 'more beyond'). It has been suggested that the s-shaped configuration of the banners around the columns explain the origin of the ‘$’ sign. Included in the design is a unique ‘Mo’ mintmark, indicating the coin's origin from Mexico City. This design element pays homage to the tradition of Spanish Empire coins bearing distinct mintmarks signifying their minting location. Also on the reverse is the 2025 year-date.
PRESENTATION PACKAGING
The coin is housed in a classic black display case. Packaged in a themed shipper, the release is accompanied by a numbered certificate of authenticity.
ABOUT THE PERTH MINT
The Perth Mint opened in 1899 as the British Royal Mint's 3rd branch in Australia. The historical Hay Street location handled gold refining until moving to a modern facility in April 1990. Ownership of the mint was transferred to the Government of Western Australia in July of 1970. Under an agreement with the Commonwealth Treasury, they were empowered to mint and market gold, silver, and platinum as Australian legal tender to investors and collectors worldwide. Today, they are amongst the elite world mints whose pure gold, silver, and platinum items are trusted without question. Items such as the Australian Nugget, Silver Coin Series (Kangaroo, Kookaburra, Koala, and Platypus to name a few), as well as the Australian Lunar Gold and Silver Coin Series are extensively sought after by bullion investors worldwide.