Obverse: the obverse features a portrait of Queen Elizabeth II. Around the central hole are the inscriptions “Elizabeth II”, “Australia”, and the denomination “One Dollar”. The design recreates the appearance of the historic Australian Holey Dollar.
Reverse: the reverse depicts two lizards chasing each other in a circular pattern around the central hole. Surrounding the design are the inscriptions “The Holey Dollar”, the year “1989”, the silver fineness “999 Silver”, and the weight “One Ounce”. The design is inspired by Australia’s first official currency, the Holey Dollar.
About the coin: this 1 troy ounce fine silver coin commemorates the famous Australian Holey Dollar, the first official currency of Australia, introduced in 1813 in the colony of New South Wales. The original Holey Dollars were created from Spanish eight-real coins by cutting out their centers, producing two separate coins. This modern collector edition preserves the distinctive central hole and is highly sought after by collectors due to its unique design, historical significance, and .999 fine silver purity.