NEW SOUTH WALES: British Colony, AR 15 pence, 1813, KM-1.1, Mira type A/1, NEW SOUTH WALES / 1813, around royal crown // FIFTEEN / PENCE in two lines, corrosion removed, PCGS graded Good details. Produced as part of the first series of coins struck in and for New South Wales, these 15 pence "dumps" were cut from Spanish colonial 8 Reales to relieve chronic shortages of usable coinage in the relatively new Australian colony. Stamped with a value of fifteen pence, the plugs were deliberately valued below their actual silver content to ensure that they would not be exported out of the colony through trade, as many previously circulating coins had been. Being a type intended for and heavily used in circulation, most of the new coinage was heavily worn and eventually turned in when recalled, leaving few survivors.
Estimate: 1,000-1,500 USD