Hawaiian dollar


The dollar or dala was the currency of Hawaii between 1847 and 1898. It was equal to the United States dollar and was divided into 100 cents or keneta. Only sporadic issues were made, which circulated alongside United States currency.

Coins

The first official coinage issued by the Kingdom of Hawai'i was in 1847. This coin was a copper cent bearing the portrait of King Kamehameha III on its obverse. The King Kamehameha III copper cent proved to be unpopular due to the King's portrait being of poor quality. Although it is claimed the denomination was misspelled, the spelling "Hapa Haneri" was correct until the end the 19th century. The spelling "Haneri" appears on all and Hawaiian bank notes in circulation between 1879 and 1900.
In 1883, Kingdom of Hawai'i official silver coinage were issued in the denominations of one dime, quarter dollar, half dollar and one dollar. 26 proof sets were struck by the Philadelphia Mint and contained the umi keneta, hapaha, hapalua, and akahi dala. 20 proof specimens in the denomination of an eighth dollar were also struck. The Kingdom of Hawai'i desired to conform to the United States silver coinage denominations and selected the umi keneta over the hapawalu. The silver coins issued for circulation in the Kingdom was struck by the San Francisco Mint.
Hawaiian coins continued to circulate for several years after the 1898 annexation to the United States. In 1903, an act of Congress demonetized Hawaiian coins effective January 1, 1904, and most were withdrawn and melted, with a sizable percentage of surviving examples made into jewelry. Following melting, the maximum number of each circulating coin that could possibly exist is as follows:
  • Umi Keneta - 1 Dime: 249,921
  • Hapaha - 1/4 Dollar: 242,600
  • Hapalua - 1/2 Dollar: 87,700
  • Akahi Dala - 1 Dollar: 46,300

    Banknotes

In 1879, the Department of Finance issued Hawaii's first paper money, silver coin deposit certificates for,, and. However, these notes were issued only in small numbers and US notes made up the bulk of circulating paper money. From 1884, only US gold coins were legal tender for amounts over.
In 1897, the Republic of Hawaii issued silver coin deposit certificates for,,, and. In 1899, banknotes backed by gold deposits were issued in the same denominations. All Hawaiian notes, especially the gold certificates, are extremely rare today.