Spink, London, 2012. 400 pages, large format, dust jacket, well illustrated. Originally published at $95.00
This
is the first book-length study to be devoted to Canada's most exotic
and celebrated colonial-era coin, the Holey Dollar of Prince Edward
Island and its accompanying Dump. With a basis in twenty years worth of
research in international archives, libraries, and private and
institutional collections, from as far afield as Charlottetown and
Puerto Rico, Vancouver and London, this book uncovers the origins and
history of a coin which has been shrouded in mystery for two hundred
years. The Holey Dollars and Dumps of Prince Edward Island is published
by Spink, London, with the financial support of the J. Douglas Ferguson
Historical Research Foundation.
The
book's Introduction elaborates the monetary and commercial
circumstances, as well as the political and economic conditions, which
led to the initial production of this unusual coin in 1813 and to its
eventual disappearance over the ensuing years. To that end, the book
addresses a number of provocative questions. Who made the Holey Dollars
and Dumps? How were they made? How long did they circulate? What could
they buy? What were its precedents? Can we distinguish a Government
issue Dollar or Dump from contemporary merchant counterfeits? What
motivated the counterfeiters? In the course of addressing these
questions, the author presents something of the texture of the places
and peoples bound up with the Holey Dollar of PEI for the past two
hundred years. The people that figure here include collectors and
bystanders, merchants and government officials, and the places range
from a Canadian homestead to an island in the Caribbean. An Appendix
creates an original census of Charlottetown with heads of households for
1813. The Inventory portion of the book classifies Holey Dollars and Dumps based on their style of countermark, and offers
• a catalogue of all known specimens of Dollars and Dumps with provenance and pedigree • a photographic record, metrological data, and diagnostics for every coin • a full auction and sales history of Holey Dollars and Dumps from 1888 to 2010 • a record of 20th century forgeries, replicas and fantasy pieces • a listing of coins and tokens with counterstamps which bear similarities to the marks on legitimate Holey Dollars
The Prince Edward Island Holey Dollar has one
of the most exciting claims upon our numismatic and historical interest.
The Dollar and its Dump represent a unique instance in the whole of
British North America of the piercing and countermarking of a coin so
that its parts might pass as legal tender. Because they were made from
Spanish American Dollars, the most widely circulated coin of its day and
a standard of value throughout the entire world, these coins have a
legitimate place in many different sorts of collections: the Spanish
American series; crown-sized coins of the world; cut and countermarked
coins; emergency or proclamation coinage; semi-official colonial issues;
and, finally, private merchants• tokens. There is no other Canadian
coin or token that can claim to be so many things to so many interests
at once.
About the Author:
Christopher Faulkner
is Distinguished Research Professor and Professor Emeritus at Carleton
University, Ottawa, Canada. In the field of numismatics, his primary
area of research interest is the circulating specie of pre-Confederation
Canada and he has written a number of articles and book chapters on
various aspects of the token coinage of the period. He is a Fellow of
the Canadian Numismatic Research Society, among other organizations. |