Australian related COLONIAL, PROCLAMATION & CONVICT PERIOD
COINAGE,
circa 1750 - 1853 AD.

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We know that sometimes there are a lot of coins marked Sold in this section of the website. It is a popular area with collectors and authentic stock can be hard to get. Many of the coins marked as Sold are left there as a reference to collectors to give an idea of the items available in this area of early Australian related coinage.

The Australian Proclamation of 1800 fixed 11 world coin values in Australia at a higher value than overseas. This was an attempt to keep overseas coins circulating in Australia, due to the dire shortage of currency.

 The coins mentioned in the Proclamation were: Portuguese Johanna & Half Johanna, Netherlands Ducat & Guilden, Indian Mohur, Pagoda & Rupee, Spanish Dollar, Great Britain Guinea, Shilling and Penny. These 11 coin values  all had a higher value in Australia than elsewhere during the period 1800-1825. The Johanna and Half Johanna and the Spanish Dollars and Dutch guilders and Ducats were all widely traded world silver or gold trade coinage of the period. A consignement of Spanish Dollars was used to produce the Holey Dollar & Dump, Australia's first locally made coinage in 1813. 

Fractionals and different types of the above mentioned coins were accepted and were in very short supply. Rum was often used as currency during this time. Spanish Gold coins were often traded. It was more to do with the gold/silver content of the coin than the actual coin itself. Coins of this period had no borders. Their precious metal content was their value...

The Australian Proclamation coinage values were repealed by the Monetary Act of 1825, following the introduction of quantities of British coins produced after 1816. British coins of nearly any denomination available were traded in Australia during the Proclamation period, 1788 - 1825 and most were readily accepted as currency right up to about 1920, after which British silver coins began to have considerably less silver content than Australian coins. British copper and .925 silver coins were still found in Australian change right up to the 1960s

Transportation of convicts to Australia began with the first fleet in 1788 and ended with the coming of the Gold Rush in the early 1850s. Transportation was, in fact, another version of slavery and many were harshly sentenced for comparatively minor crimes. It was a source of cheap labour and a chance for England to rid itself of excess population, caused in part by the Industrial Revolution. But, from those humble beginnings, a country unique in the world has developed, with a history and culture stretching back far before 1788. 

Aust

Photocopies of the chapter of "Proclamation" coins 1788-1825, by Greg McDonald  (Australia's foremost numismatic author). His highly informative and well researched 10 page essay reproduced here for your education on this fascinating series. Prices are WAY out of date (written 1991) but the background info is truly fascinating.  Post included. Repo with author's permission.

$10        

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10          

page      

essay    

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Silver Pieces of eight or Spanish 8 reales and their fractions, were traded widely between 1550 and 1850 and adopted as currency by a number of countries including Australia... Machine made pieces of eight or dollars were legal tender in Australia, 1788-1825. Spanish gold coins also circulated widely during this period.

$         


SPAINISH Dollars or "Pieces of Eight" and fractionals.      $

SPAIN - 1808 Charles IV Peru Bust Dollar or "Piece of Eight" .900 silver, KM 97, Good Very Fine.  Sold
1813 NSW Dump or fifteen pence.
Type A/1, Full crown and the majority of obverse legend evident, full reverse legend. Near VF and a superior example for the type, very scarce in this grade. The first small change coin produced by Australia, only about 1000 have survived, most in poorer condition than this. 
Ex J.L.Griffin Collection and Reserve Bank of New Zealand Collection. Previously from the Rare Coin Company, which sold the coin to the previous owner, back in 2010 for $125,000. With paperwork and certificate. EX ACA 352/2183.
   Sold

1813 NSW Holey Dollar & Dump.
Pewter with antique finish, 40mm & 18mm. Nicely detailed reproductions of the first coin types made in Australia, the originals cost $200,000+ these days.. 
    $25
Spanish & Portugese gold coins from the Proclamation period.

Portugal, Brazil, 1732M Gold Johanna.
John V (1706-1750), gold 12800 Reis, Minas Gerais mint. 28.68g. Good Very Fine. KM-139, rare & impressive large size gold coin, the king of the Australian proclamation series.
    Sold
Portugal, Maria I & Pedro Gold 6400 reis or Half Johanna, 1780.  
Lisbon mint. 14.30g. KM-271, Fr 107. Nice attractive coin,
Extremely Fine.
    Sold

GB 18th century Half Johanna coin weight for 36 shillings.  In brass, 24mm diameter, VF.

        $35
Netherlands coins from the Proclamation period.

NETHERLANDS. HOLLAND. 1788 Gold Ducat. 22mm, 3.45 grams. KM-12.3. Very Fine. Famous trade coinage. 

Australian Proclamation coin.

   Sold

NETHERLANDS. 1723, Silver Guilder, Crowned arms rev standing female leaning on column holding pole with cap. Near Very Fine. 

    $125

NETHERLANDS. 1792 West Friesland, Silver Guilder, Crowned arms rev standing female leaning on column holding pole with cap. KM-97.5. Good Very Fine. 

    $295

NETHERLANDS. 1793 West Friesland, Silver Guilder, Crowned arms rev standing female leaning on column holding pole with cap. KM-97.5. aEF/EF. 

   $275

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INDIAN coins traded as legal tender in Australia during this period 1800-1825

  $     

INDIA, Aurangzeb Alamgir silver rupee. 1658-1707 period. Reverse punch mark otherwise VF. Australian Proclamation period coinage.     $40
INDIA, Aurangzeb Alamgir silver rupee. 1658-1707 period. Good VF. Australian Proclamation period coinage.      $55

INDIA, Mughal, Muhammad Shah silver rupees. 1719-1748 period. A small hoard, Fine to VF grades. Australian Proclamation period coinage.       $50
    each
INDIA, Bengal Presidency 1793 silver rupee. Murishidabad Mint. Year 19. Oblique milled edge, KM 98.1. Good Very Fine.  Australian Proclamation period coin.     $175
INDIA, Bombay, Shah Alam II 1759-1806 silver rupee. KM 90.1. Extremely Fine. Australian Proclamation period coin.     $100
INDIA, Madras Presidency, East India Company, gold star pagoda, (1740-1807) 12mm, 3.36 grams. KM #303. Australian Proclamation Coin. Good VF.      
    
Sold
  
India. Gold Mohur of the Benghal Presidency 1793. East India Company Gold Mohur, 26mm, 12.36 grams. Murshidabad (Calcutta) mint. Dated AH 1202; RY 19 of Shah Alam II Couplet in five lines; AH date in lower field; mint secret mark present / “Struck Murshidabad year 19 of reign associated with prosperity” in Arabic. Edge: grained left. KM 102. Fully lustrous, UNC. Australian Proclamation coin.     Sold

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British coins from Guinea to farthing, 1662-1825. These were what was mostly traded in colonial Australia. More British coins from this period available in the "Machine Made Coins" section of this website. Listed mostly in order of denomination descending from Guinea to farthing.

 Aust      

GB. Sir Joseph Banks 1820.  (38mm, 32 g). Silver Prize medal, uninscribed, bearing a fine portrait of Joseph Banks, with a rich antique tone. Extremely Fine.

Sir Joseph Banks, 1st Baronet, GCB, PRS (13 February 1743 – 19 June 1820) was an British naturalist, botanist and patron of the natural sciences. He took part in Captain James Cook's first great voyage (1768–1771). Banks is credited with the introduction to the Western world of eucalyptus, acacia, mimosa, and the genus named after him, Banksia. Approximately 80 species of plants bear Banks's name. Banks was also the leading founder of the African Association, a British organization dedicated to the exploration of Africa, and a member of the Society of Dilettanti, which helped to establish the Royal Academy.  
It was Banks's own time in Australia, however, that led to his interest in the British colonisation of that continent. He was to be the greatest proponent of settlement in New South Wales, as is hinted by its early colloquial name, Botany Bay. The identification might have been even closer, as the name "Banksia" was proposed for the region by Linnaeus. In the end a genus of Proteaceae was named in his honour as Banksia.  

In 1779 Banks, giving evidence before a committee of the House of Commons, had stated that in his opinion the place most eligible for the reception of convicts "was Botany Bay, on the coast of New Holland". His interest did not stop there, for when the settlement was made, and for 20 years afterwards, his fostering care and influence was always being exercised. He was in fact the general adviser to the government on all Australian matters. He arranged that a large number of useful trees and plants should be sent out in the supply ship Guardian which, however, was wrecked, and every vessel that came from New South Wales brought plants or animals or geological and other specimens to Banks. He was continually called on for help in developing the agriculture and trade of the colony, and his influence was used in connection with the sending out of early free settlers, one of whom, a young gardener George Suttor, afterwards wrote a memoir of Banks. The three early governors, Arthur Phillip, John Hunter, and Philip Gidley King, were continually in correspondence with him. He was interested in the explorations of Matthew Flinders, George Bass and Lieutenant James Grant, and among his paid helpers were George Caley, Robert Brown and Allan Cunningham.  
    $100


GB. George III. 1760-1820. Silver Emergency Issue  Dollar. Oval countermark in the centre of obverse of Charles IIII Mexico Mint eight reales, 1792, Fine, some marks, scarce.

In the late 18th century, the circulating coinage in Britain was in a pathetic state. Counterfeit coins, both in copper and silver, were the rule, rather than the exception. The Royal mint, rather than competing with the flood of false issues, simply shut its doors.
In 1788, industrialist Matthew Boulton stepped in to attempt reform the copper coinage where the government would not. A wealthy industrialist and partner of the steam-engine inventor James Watt, Boulton had made his fortune manufacturing other small metallic objects. Using the steam technology at his disposal, he created the first modern mint at Soho in Birmingham. Yet Boulton was initially unable to obtain a patent to strike coinage and instead opened his mint to merchants. The vast majority of provincial tokens struck in England at this time originated from the Soho mint
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Meanwhile, the Bank of England endeavored to stabilize the silver coinage. Taking Spanish eight reales coins, they stamped on them a small image of King George, valuing them at a dollar or five shillings. This simple solution did not fare well with the public; the silver value of these coins being only about 4s and 4d. The failed issue spawned a popular rhyme, “The Bank to make their Spanish dollars pass, stamped the head of a fool on the neck of an ass.” The Bank soon turned to Boulton and his steam presses. By 1805, fully struck 1804 dollars from the Soho mint could be seen in change.
     Sold

GB. George III. 1820 silver crown. 

S 3787. What appears to be a natural metal flaw in field at 3 o'clock on Obverse, circulated, aVG.

   $125

GB. George III. 1811 3s Bank Token. 

S 3769. Bust draped in armour type, with some underlying lustre, Extremely Fine.

   $195
GB. George III. 1787 Shilling. 
S 3743. No hearts. Near Very Fine.
   $165
GB. George III. 1787 Shilling. 
S 3743. No hearts. Good Very Fine.
    $195
GB. George III. 1787 Shilling. 
S 3746. With semee of hearts. Extremely  Fine.
   $250
GB. George III. 1816 Shilling. 
S 3790. Circulated, Fine/VG.
     $35
GB. George III. 1817 Shilling. 
S 3790. Near VF.
     $65

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Official Great Britain copper coins from George I, II & III circulated very widely in Australia and America, pre 1825. 1797 Cartwheel pennies and 2d were much used and some were defaced as a sign of anger towards Geo III, some were made into smugglers coins, some into love tokens, also they were often used as weights, as they weighed exactly 1 oz for the 1d and 2 oz for the 2d. The penny forms part of the Australian Proclamation Coin series used 1800-1825 period.

       $       

Click small photo to see larger photo.Australian convict and colonial era small change coinage, c 1788-1830s period pennies, halfpennies, farthings.        $

GB. 1797. Cartwheel Twopenny. 

S 3776. Overall, better than average with excellent detail, gVF, 40mm diameter.

The first coins made in Great Britain using the steam press by Watt & Boulton and historically interesting as such. Could be used as a weight, the 1d weighs 1oz and the 2d is 2 oz. Could be used as a measure. Were unpopular as currency because of their weight. Used in Colonial Australia & 18th early 19th century America.
   Sold
GB. George III 1797 Cartwheel Penny.  S 3777. Australian Proclamation coin, Dcent mid grade, Very Fine.
First coins made in Great Britain using the steam press by Watt & Boulton and historically interesting as such. Could be used as a weight, the 1d weighs 1oz and the 2d is 2 oz. Could be used as a measure. Were unpopular as currency because of their weight. Used in Colonial Australia & 18th early 19th century America.
   $150
Convict and other colonial period related items.


GB, CAPTAIN JAMES COOK. 1784 Bronze medal by Pingo. 43mm. (MH 374, BHM 258, Eimer 780) Near UNC with lustre and rare, only 577 made, sold at the time of minting for Half a Guinea (10s 6d)
James Cook had first seen the Americas when, as a Master of the Mercury he surveyed the St Lawrence River as part of General Wolf's Expedition to capture Quebec. He continued to serve on the North American station until 1767. He twice circumnavigated the world, first in 1768-71 and later 1772-1775. Discovered the east coast of Australia in 1770. He had left on his 3rd voyage in 1776 and was killed by natives of the Sandwich islands in 1779. The Royal Society issued this medal in 1784 in the following quantities - Gold 19, Silver 291 and Bronzed Copper 577.
   $950

Convict perid. 1823 Van Diemens Land one shilling banknote. 
Currency Note, John Weavell, one shilling, Hobart Town (Dec 1) 182(3) No (53) (MVR fig. 172). Struck down to backing paper, horizontal tear right across, frail edge, otherwise good and nearly a full note and very rare.
Some numismatic history here. Originally sold by Jim Noble in his first 1977 sale. 47 Years later Jim & Colin are still flying the flag for numismatics here in Australia. National treasures both..
  Sold
Convict: Van Diemen's Land:
1850s Ticket of Leave (a pass to allow convict to travel between his place of work & designated destination) issued by Police Office in closest town. Original unissued form printed in black on wove paper with counterfoil. Approx 110 x 200mm. Minor ageing, gVF. Scarce.
  $225
Convict. 1853 Cessation of Transportation medal.  White metal, 58mm, Carlisle 1853/2. A few small blemishes but a nice bold strike, VF.
Ex D.G.L Worland collection, NN 140/482.
   $395
 

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