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By Greg Cohen, Numismatist & Consignment Director, U.S. & World Coins; based on the lot descriptions by Kent Ponterio & Chris Chatigny

The first coins issued in what is now the Commonwealth of Australia were issued out of necessity, using the internationally useful Spanish colonial silver 8 reales as host. The centers of the eight reales were punched out, and around the hole, were inscribed NEW SOUTH WALES 1813 on the obverse side, and FIVE SHILLINGS with a wreath on the reverse.