2025 Perth Mint Gold 225th Proclamation Anniversary Coin 1oz

Description

2025 Perth Mint Gold 225th Proclamation Anniversary Coin 1oz

Crafted from 1oz of 99.99% pure gold, this bullion coin commemorates the 225^th anniversary of Australia’s Proclamation coin – the Spanish Pillar Dollar. An essential addition to your investment portfolio with historical value.

Key features:

• 99.99% pure gold
• 225^th Anniversary of Australian Proclamation coins
• Spanish Pillar Dollar design
• Unique ‘Mo’ mintmark
• Authentication feature
• Mintage of 10,000

Australian Proclamation 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 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. Also on the reverse is the 2025 year-date.