Netherlands East Indies 1786 gulden KM-116

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Heritage sale 3082, lot 34576
photo courtesy Heritage Auction Galleries

This specimen was lot 34576 in Heritage sale 3082 (New York, January 2020), where it sold for $288. The catalog description[1] noted, "Netherlands East Indies: Dutch Colony. United East India Company Gulden 1786 AU55 NGC. Two year type. Utrecht Issue - large letters "G" near "R". Virtually untoned with a bold strike." Silver gulden were issued for the East India Company by Westfriesland, Zeeland, Utrecht (shown here) and Gelderland. We don't know why a distinctive design for the East Indies was considered necessary as gulden were already being struck for the metropolis. In 1794, the Dutch Republic was snuffed out by invading forces of the French Revolution. The East India Company was in an advanced state of decay and was abolished in 1799. The Low Countries did not regain their independence until 1815, with the formation of the kingdom of the Netherlands.

Recorded mintage: unknown.

Specification: 10.61 g, 0.920 fine silver.

Catalog reference: KM 116, Scholten-65b.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • van der Wis, Jan, and Tom Passon, Catalogus van de Nederlandse Munten geslagen sind bet aantreden van Philips II tot aan het einde van de Bataafse Republiek (1555-1806), 2nd ed., Apeldoorn, Netherlands: Omni-Trading b.v., 2009.
  • Passon, Tom, Catalogus van de Munten van de Nederlandse Gebieden Overzee, vanaf 1601 tot heden, Apeldoorn, Netherlands, 2022.
  • Scholten, C., The Coins of the Dutch Overseas Territories, 1601-1948, Amsterdam: Jacques Schulman, 1953.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Online Auction 3082, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.

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