Gelderland 1586 1/20 daalder

Jean Elsen sale 145, lot 2198

This specimen was lot 2198 in Jean Elsen sale 145 (Brussels, September 2020), where it sold for €220 (about US$314 including buyer's fees). The catalog description^[1] noted,

"NEDERLAND, GELDERLAND, Hertogdom, Philips II (1555-1592), AR 1/20 Philipsdaalder, 1586, Nijmegen. Vz/ Gekroond wapenschild omringd door de keten van het Gulden Vlies. Kz/ Gebloemd kruis. Zeer zeldzaam. Zeer Fraai. (Netherlands, duchy of Gelderland, Philip II, 1555-92, silver twentieth daalder of 1586, Nijmegen mint. Obverse: crowned arms with the Order of the Golden Fleece around; reverse: floriate cross. Very rare, very Fine.)"

This type represents a very early experiment with decimal coinage, over a century before Russia adopted her hundred kopeks = one ruble. One half, one fifth, one tenth and one twentieth écus or daalders were issued. While none are common, the issues from the southern provinces (Flanders, Brabant, etc.) outnumber those of the north, such as Gelderland.

Reported Mintage: unknown.

Specification: silver.

Catalog reference: G.H. 215-6b; V.H. 310.

Source:

• 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.
• ^[1]Elsen, Philippe, et al., Vente Publique 145, Brussels: Jean Elsen et ses Fils S.A., 2020.

Link to:

• 1566 vijfde Philipsdaalder
• Brabant 1585 5 sols Robustus, Antwerp mint
• Gelderland 1586 real Dav-8828
• Gelderland 1587 rijksdaalder Dav-8829
• Flanders 1587 twintigste Philipsdaalder
• Coins and currency dated 1586