Holey Dollar Gold Coin Overproof



The Holey Dollar Rum Distilling Company

Price approx:






not specified



british, overproof


single traditional pot rum
raw material

Raw material:




copper pot still



three years in small oak barrels

sugar added

Sugar added:


alcohol by volume

Alcohol by volume:






The Holey Dollar is actually a Spanish thaler with the middle stamped out to get two denominations. The introduction of these coins into circulation in New South Wales (NSW, 1813) was to restore order in this overseas British colony. Just as the market abhors the vacuum so man's greed knows no limit.

The chronic shortage of currency in the penal colony NSW triggered market mechanisms based on barter. The rum was chosen as medium of exchange because the good was desired (of course), divisible into units and storable. So it has features like money. Rum got the same as money the status of a social contract legitimized by common trust of participants.

Officers of the New South Wales Corps, serving both in the public administration and as armed forces, had a monopoly over the trade in rum and took full advantage of the existing shortage of any kind of goods to speculate on a mass scale. To counteract the corruption practice, the British Empire appointed a new governor in the person of William Bligh. Yes, the same one that the HMS Bounty crew revolted. And no, not to fail but precisely because of his despotic inclinations.

Bligh set out to stamp out the corruption but the corrupt themselves had different point of view. They sparked a rebellion and captured the governor (the only armed takeover of government in Australian history). Both sides accused themselves of abuses and corruption. In the face of public discontent, the London headquarters dismissed Bligh from his position. The heir introduced the holey dollar and soon restored the pound sterling as the only valid currency of the British Empire.

Rum Corps, Rum Rebellion, Holey Dollar. In these events sees the producer from Sydney the birth of the Australian national identity and for the brand itself (established on the bicentenary anniversary) engaging storytelling. The producer and master blender in one person is Stuart Gilbert. He started his activity on a market controlled 95% by Bundaberg (Diageo). That could be why he often refers to consumer patriotism.


Gilbert won't miss any opportunity to brag about gaining IWSC medals. All three strengths (Silver / Gold / Platinum Coin) were awarded gold one year after the market launch. Although the organizer of the competition has a good reputation still I feel obliged to mention that Gilbert was a member of its jury years ago and for years. I'm not implying anything; anyways Gilbert himself doesn't hide it.

The rum is made out of fermented molasses from Fiji. Gilbert distills in a hundred year old wood-fired copper pot still. The rum ages three years in small oak barrels. Gold Coin is an overproof; diluted with Australian water to 57.2%. 🌊

No artificial additives.

Tropical fruits with floral backing and rich vanilla.
— as they tell
Over-overripe mango, over-luscious grape juice. Aloe and cocoa.
— as examined by RumExam
All the flavours the nose had plus prune and treacle, with good, sweet vanilla.
— as they tell
Fiery. Pineapple and strong coffee.
— as examined by RumExam
Long silky-soft extended finish.
— as they tell
Tropical fruit (Haribo Tropifrutti).
— as examined by RumExam
⁖Reviewed on: July 24th, 2021