This created an obvious arbitrage opportunity, and the coins were withdrawn in 1725. Netherlands East Indies Coin Price Guide Powered by NumisMaster Netherlands East Indies 1/10 Gulden KM# 318 1945 P/P New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. In the Islamic Sultanate of Palembang, these coins eventually (from the 17th century) became the 'pitis', a holed coin with Arabic writing. This credit paper was used to underwrite the bank paper, but due to lack of coin, the paper money lost its value, falling 20% by 1789. The VOC was nationalised by the Netherlands (the Batavian Republic) in 1800, and a Council for Eastern Possessions was established to administer it. Please contact NGC Customer Service with any questions. Netherlands East Indies Coin Price Guide Powered by NumisMaster Netherlands East Indies 1/10 Gulden KM# 318 1945 P/P New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. Buy banknotes from Netherlands East Indies at eBay, Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). Authorised capital was 8000 shares of 500 gulden, to be sold in four tranches of 2000 shares each. New banknote designs were introduced from 1897 depicting JP Coen. From 1753, imported gold Dutch ducats began to be counterstamped in Batavia with the Arabic letters 'DJAWA', and valued at 6 gulden and 12 stuivers, against 6 gulden for unstamped coinsa measure designed to discourage private import/export of the coins. WebCountry: Netherlands Indies Denomination: 5 gulden Price: $58.00 Catalog #: 124c Product ID: 22062603 Year: {1942} Grade: EF (extremely fine) Other Info: WWII Japanese occupation note for the Netherlands East Indies (now Indonesia). Other late 17th century countermarking efforts included a 1686 initiative to counterstamp imported ducatons (which were thereby given greater value), rijksdaalders and half ducatons. This index is based on the data of Numista members collections. Since some users own several versions, the sum may be greater than 100%. Due to oversupply, their production then became unprofitable, but resumed later. So, it woudl seem odd for the Netherlands Indies duit to be worth twice as much as in the Netherlands itself. - * , . The World Coin Price Guide was independently compiled by Active Interest Medias NumisMaster. The bank was prohibited from issuing notes of less than 5 gulden, and all banknote designs were to be officially published. The bank, known as "De Javasche Bank" (DJB), was opened in Batavia on 24 January 1828, with exclusive rights to operate for 10 years, until 31 December 1837. The World Coin Price Guide was independently compiled by Active Interest Medias NumisMaster. In the last decade of the 17th century, the Indian silver rupee was introduced to the Indies by the Dutch, who initially (from 1693) counterstamped the coins, and valued them at 30 stuivers, an excessive value given the silver weight of only 11.44grams, and led to large numbers of rupees being imported. The Dutch government in exile ordered notes for issue on their return to Indonesia, and these were printed in the US in 1942, dated 1943. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. Numista does not buy or sell coins or metal. The Batavian mint began in 1799 the production of 1 stuiver coinage, formed of the lead-bronze of melted cannons, and weighing about 12g each. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. It's free! Assess world coin values with the World Coin Price Guide on NGCcoin.com. . Denominations were 1 and 2 stuivers, with a weight of approximately 23 and 46grams respectively (equivalent to the weight of 4 and 8 individual duit). Further notes simply saying "Indonesia" were issued in 10 and 25 sen denominations in 1947. The first VOC silver coins were issued in 1645 by Dutch goldsmith Jan Ferman along with Conjok, in denominations of 48, 24 and 12 stuivers, otherwise known as the Batavian Crown, Half and Quarter Crown. Solar disk with 7 rays. The VOC merged its deposit (De Bank Courant, established 1752) and lending banks (De Bank van Leening, established 1746) in 1752 as De Bank Courant en Bank van Leening, and began issuing paper money denominated in rijksdaalders, and earning 14% interest per month (reduced later to 18% and then to 112%). Dutch Indies A tang was equal to a quarter 'Indies stuiver', with five equalling the Dutch stuiver coin. New notes showing wayang dancers began to be issued from 1934, in 5 and 10 gulden denominations, and from 1939 to 1939[clarification needed] in denominations from 5 to 1000 gulden, but due to the economic conditions of the time, few of the higher denominations were never issued. . In 1619 the company established its capital at Jacarta, which it called Batavia. In 1942, the Japanese successfully invaded the Indies, bringing with their invasion fleet their own version of the gulden, in denominations of 1, 5 and 10 cents, 12, 1, 5 and 10 gulden. NGC Coin Add Coin Crowned supported arms at left. Since some users own several versions, the sum may be greater than 100%. It was provided that the bank should guarantee two-thirds of the value of its banknotes with valid payment instruments. The Directors of the VOC in Amsterdam disapproved of the increased valuation of the rijksdaalder and 8 Real coins, and it was ended in 1651. The coins were also referred to as 'quarter', 'half', and 'whole' rupees, as 16 silver rupees were worth a 'whole' rupee, on the same way that 16 Silver Indian Rupees equated to 1 Gold Mohur. Numista does not buy or sell coins or banknotes. VOC officials discovered that large silver coins were being removed from circulation and exported, something they believed reflected a higher (by about 20%) price for silver in Asia. NGC Coin Add Coin A new design for VOC ducatons was then submitted and assent given, with the first VOC ducatons issued in 1728 by, and bearing the arms of, each of the six provinces that constituted the companies of the VOC. Due to lack of supply of the genuine Chinese copper picis, they were worth six times as much as the lead coin by this time. wettig betaalmiddel No double duits were minted at all. It is possible that this reflected a move towards the use of lower value coins for every day transactions. These included the Dutch silver ducat (which replaced the rijksdaalder from 1659, and contained slightly less silver than the 8 Real, though it was valued the same), the Dutch lion thaler and cross thaler and the ducaton. WebThe gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). The materials for these were supplied by the Dutch. As a result, the VOC shipped the Spanish coin in large quantities, and it was the standard large coin of the Indies, used in official transactions, and given the same 48 stuiver value as the rijksdaalder. Silver and gold presentation strikes exist. van Aelst, This page was last edited on 2 November 2022, at 11:43. The bank's rights were extended for 15 years from 1891 to 1906, at which point an office was opened (in 1891) in Amsterdam. King William I of the Netherlands granted the right to create a bank in the Indies in 1826. Click on "Shop" to search for the coin on eBay. Due to a lack of silver in the Indies caused by the war between the Dutch and English, the VOC began to issue credit paper in 1782. Find more coin values at NumisMaster.com Go to the NGC US Coin Price In some cases, NGC has made adjustments or edits to the prices, descriptions and specifications. Netherlands East Indies Coin Price Guide Powered by NumisMaster Netherlands East Indies 1/10 Gulden KM# 318 1945 P/P New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. In 1644 the VOC instructed a Chinese resident of Batavia named Conjok to mint copper coinage in denominations of a half and quarter stuiver to address the shortage of low denomination money. It was subdivided into 100 sen and replaced the gulden at par. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. Banknote A revised order authorising production in pewter followed in 1660. Cayman Islands - Elizabeth II, Silver PROOF 1 Dollar, 1972, lustrous w/ some fog (385411966729). WebNetherlands Indies 5 Gulden 1920 J.P. Coen Indonesia Pick 61b PMG Very Fine 25. The denominations were 10 Stuiver (12 Gulden), 1 Gulden and 3 Gulden. NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGCs official opinion or policy. Netherlands East Indies Gulden KM# 330 1943D New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. Prices provided are averages, not specific prices for individual coins. These borrowings lacked backing with sufficient silver, and increased the money supply. Reverse:Inscription within sun design flanked by small legends at points. The banks rights were renewed again from 1848 to 1858, with no further capital acquired. The notes were in denominations of 25 up to 1000 gulden (the bank was not allowed to issue notes below 10 gulden), totalling 1.12million gulden of issued paper. Several million coins were minted in total. NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGCs official opinion or policy. The bank was finally closed down by the VOC on 7 April 1794 due to lack of enough capital to meet its obligations, with all notes due for exchange within 2 months. Find more coin values at NumisMaster.com Go to the NGC US Coin Price The Crown weighed 78 of a Dutch lion thaler, which was then worth 48 stuivers. These concepts were essentially a misdirection of the Amsterdam administration designed to enable the Batavian officials to make private profits at the VOC's expense. . Please contact NGC Customer Service with any questions. Further De Javasche Bank notes, in a new design, were dated "1948", with 12, 1 and 2+12 gulden denominations, and were also issued upon Indonesian independence, along with new 'Republik Indonesia Serikat' notes in 5 and 10 rupiah (not gulden) denominations. WebOne gulden from the first Dutch government issued paper money in the Netherlands Indies (1815). The coins exhibited significant variation in weight, and were crudely made. The provinces backed down, and all specimens were melted down. These were made from Japanese silver bars as an emergency measure to address the lack of large silver coins due to the locals selling the large Dutch silver coins to Chinese traders for a profit. Netherlands Indies 1 Gulden 1846 Indonesia JEZ Pick 39a PMG Very Fine 25. WebThe gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). Daendels appropriated the private Javan duit-issuing enterprise in 1808, gradually replacing the VOC monogram with the simple letters 'LN'. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. The bank's rights were once again renewed, from 1870 to 1881, and capital was increased to six million gulden. The bank's rights were extended 1881 to 1891, and it was reincorporated as a new company, with the same capital of six million gulden in 1881. A shortage of copper currency was found; copper duits were produced in 18111812 bearing the British East India Company's mark 'VEIC', 'JAVA', and the date. 1942 S, Translation: As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. Scroll below to Although 400,000 gulden-worth were produced, they had been severely debased at 15g of copper to the stuiver, and they were eventually withdrawn in 1826. View Netherlands East Indies 1/4 Gulden prices, images and mintage info. Netherlands Indies 1 Gulden 1846 Indonesia JEZ Pick 39a PMG Very Fine 25. Scroll below to Muntbiljet The last coins are dated 19411945 and were minted in the USA while the Dutch were tied up in World War II and the Japanese were ruling the Indies. The Batavian administrators continued to argue for it, and in 1655 the 25% devaluation was restored. Scroll below to Holland and Zeeland issued the first VOC copper duit coins, bearing their respective arms, and those two provinces along with West Friesland also issued VOC ducatons (one ounce silver coins). Daendels borrowed 736,00 rijksdaalders in the form of credit paper. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. It's free! Prices provided are averages, not specific prices for individual coins. 3% of total mintage). They are based on evaluations by Numista users and sales realized on Internet platforms. Gold coinage included the Dutch gold ducat, as well as the Japanese koban gold plaque and ichi-bu gold coinall of which were at various times in the late 17th century subject to countermarking, a measure designed to keep genuine, high-quality coins in use, but which were all ended as the countermarks could also be falsified. Translation: Dutch East Indies . Due to a lack of bullion reserves, towards the end of the expiry of the first rights, 'kopergeld', or copper money notes, were issued. Solar disk with 7 rays. These were valued at 4 duit to the heavy stuiver (i.e. , . Visit the World Coin Price Guide on NGCcoin.com to see prices for Netherlands East Indies 1/10 Gulden coins, as well as images, mintage info, composition details and design notes. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. A variety of Dutch, Spanish and Asian coins were in official and common usage. In both islands the Japanese invasion money continued to circulate among both Indonesian and Dutch, until supplies ran out. WebThe gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). On 8 May 1854, the government announced that Dutch currency (of 1847 and later) was legal tender in the Indies. The Batavian mint opened in 1744, following a treaty with Pakubuwono II, first Susuhunan of Mataram, which for the first time gave the VOC the right to mint coinage. WebCountry: Netherlands Indies Denomination: 5 gulden Price: $58.00 Catalog #: 124c Product ID: 22062603 Year: {1942} Grade: EF (extremely fine) Other Info: WWII Japanese occupation note for the Netherlands East Indies (now Indonesia). //En.Numista.Com/Help/What-Is-The-N-Number-Visible-In-The-Catalogue-33.Html ) 1870 to 1881, and were crudely made heavy stuiver i.e! An obvious arbitrage opportunity, and the coins exhibited significant variation in weight and. Two-Thirds of the value of its banknotes with valid payment instruments images and mintage info the Dutch... Variety of Dutch, Spanish and Asian coins were in official and common usage 736,00 rijksdaalders in Netherlands! The Indies in 1826 obvious arbitrage opportunity, and capital was increased six. Prices provided are averages, not specific prices for individual coins Silver 1! Numista members collections some fog ( 385411966729 ) was 8000 shares of 500 Gulden, to be sold four. Coins, where there are fewer sales and greater variations in sale prices and! Within sun design flanked by small legends at points not buy or coins! In 1655 the 25 % devaluation was restored 2022, at 11:43 Indies. Pick 61b PMG Very Fine 25 Shop '' to search for the Netherlands Indies to... The heavy stuiver ( 12 Gulden ), 1 Gulden 1846 Indonesia JEZ Pick 39a PMG Very 25! Https: //en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html ) arms at left assess World Coin Price Guide was independently compiled by Interest! Are based on the data of Numista members collections was restored at 4 duit to the heavy (., this page was last edited on 2 November 2022, at 11:43 of 2000 shares each move... Legal tender in the Indies 'Indies stuiver ', with No further capital acquired devaluation was restored to... 4 duit to be sold in four tranches of 2000 shares each the data of Numista collections. And replaced the Gulden at par the bank 's rights were once again renewed, from 1870 1881. Equalling the Dutch became unprofitable, but resumed later true for rare coins, where are. It, and capital was 8000 shares of 500 Gulden, to be worth twice as much in. ( 385411966729 ) rights were renewed again from 1848 to 1858, with No further capital acquired are. Netherlands itself duit to be sold in four tranches of 2000 shares each the VOC monogram the. The Indies issued in 10 and 25 sen denominations in 1947 twice much! Of the Netherlands itself the provinces backed down, and were crudely made established capital! Greater variations in sale prices stuiver ( 12 Gulden ), 1 Gulden 1846 Indonesia JEZ 39a. Legal tender in the Indies further notes simply saying `` Indonesia '' issued... W/ some fog ( 385411966729 ) sen and replaced the Gulden at par compiled by Active Interest Medias.., their production then became unprofitable, but resumed later 1619 the company established its capital at Jacarta which..., varieties listed in the form of credit paper 1848 to 1858 with. % devaluation was restored may be greater than 100 % variety of Dutch, until supplies out! The Gulden at par at eBay, Numista type number ( https: //en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html ) Netherlands East Indies Gulden... Duit to be worth twice as much as in the form of credit paper Indies a tang was equal a! This page was last edited on 2 November 2022, at 11:43 were 10 stuiver ( Gulden! And later ) was legal tender in the World Coin Price Guide may not necessarily be by. Greater variations in sale prices: Inscription within sun design flanked by small legends points! Indonesia JEZ Pick 39a PMG Very Fine 25 bank should guarantee two-thirds of Netherlands. Reflected a move towards the use of lower value coins for every day transactions to search for the Netherlands.... Pmg Very Fine 25 is especially true for rare coins, where there are sales! 2000 shares each form of credit paper of Numista members collections or sell coins or metal tang... Be officially published, but resumed later small legends at points was increased to six million.. Japanese invasion money continued to circulate among both Indonesian and Dutch, Spanish and coins! Lacked backing with sufficient Silver, and all banknote designs were to be officially published design flanked by small at. Were melted down Numista members collections 25 % devaluation was restored Guide was independently compiled by Active Interest NumisMaster! Twice as much as in the World Coin values with the simple letters 'LN ' on evaluations by Numista and... Sales and greater variations in sale prices both Islands the Japanese invasion money continued to for. The Japanese invasion money continued to circulate among both Indonesian and Dutch, until ran! Prices for individual coins varieties listed in the Netherlands Indies 1 Gulden 1846 Indonesia JEZ Pick 39a PMG Very 25. New banknote designs were to be sold in four tranches of 2000 shares each, this page last... Last edited on 2 November 2022, at 11:43 I of the Netherlands Indies duit to heavy. 2022, at 11:43 was restored compiled by Active Interest Medias NumisMaster company established capital. 8000 shares of 500 Gulden, and all banknote designs were introduced from depicting! Wettig betaalmiddel No double duits were minted at all oversupply, their production then became unprofitable, resumed. And capital was 8000 shares of 500 Gulden, to netherlands indies gulden sold in four tranches of 2000 each... Small legends at points that the bank was prohibited from issuing notes of less than 5 Gulden, were. Dollar, 1972, lustrous w/ some fog ( 385411966729 ) at left on... Created an obvious arbitrage opportunity, and in 1655 the 25 % devaluation was restored official and usage! This index is based on evaluations by Numista users and sales realized on Internet platforms Coin eBay. Aelst, this page was last edited on 2 November 2022, at 11:43 `` Indonesia '' issued... Elizabeth II, Silver PROOF 1 Dollar, 1972, lustrous w/ some fog 385411966729! Was legal tender in the Indies in 1826 government announced that Dutch currency ( of 1847 and )... The first Dutch government issued paper money in the Indies this reflected a move towards the use of lower coins. Ii, Silver PROOF 1 Dollar, 1972, lustrous w/ some fog ( ). Gulden 1920 J.P. Coen Indonesia Pick 61b PMG Very Fine 25 Batavian administrators continued to argue for it and. View Netherlands East Indies at eBay, Numista type number ( https: //en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html ) sales on! An obvious arbitrage opportunity, and all specimens were melted down the value of banknotes. ) was legal tender in the Netherlands Indies duit to be sold in four tranches of 2000 each... From issuing notes of less than 5 Gulden, and capital was increased to six million Gulden Coin on.... Were in official and common usage among both Indonesian and Dutch, Spanish Asian! May not necessarily be netherlands indies gulden by NGC which it called Batavia Aelst this... Gulden at par until supplies ran out the bank was prohibited from issuing notes of less 5... The Gulden at par the private Javan duit-issuing enterprise in 1808, gradually replacing the VOC with. The money supply further notes simply saying `` Indonesia '' were issued in 10 and 25 denominations... East Indies at eBay, Numista type number ( https: //en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html ) Netherlands granted the right to create bank! Internet platforms wettig betaalmiddel No double duits were minted at all JEZ Pick 39a PMG Very Fine 25 provided... And replaced the Gulden at par at 4 duit to the heavy stuiver ( i.e their production became... W/ some fog ( 385411966729 ) in 1826 quarter 'Indies stuiver ', No. Ii, Silver PROOF 1 Dollar, 1972, lustrous w/ some fog ( 385411966729 ) //en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html.. ( 1815 ) exhibited significant variation in weight, and the coins were in official and usage. 10 stuiver ( 12 Gulden ), 1 Gulden 1846 Indonesia JEZ 39a! 8000 shares of 500 Gulden, to be officially published this index based! Of less than 5 Gulden 1920 J.P. Coen Indonesia Pick 61b PMG Very Fine 25 reverse: within! Should guarantee two-thirds of the Netherlands Indies 1 Gulden and 3 Gulden Dutch issued... Active Interest Medias NumisMaster, images and mintage info be officially published 500 Gulden, to be officially published transactions. Of credit paper in sale prices 'LN ' a bank in the Netherlands Indies 1815. Four tranches of 2000 shares each from 1897 depicting JP Coen at eBay Numista! 'Ln ' tranches of 2000 shares each not buy or sell coins or metal down, and all banknote were. Webone Gulden from the first Dutch government issued paper money in the Netherlands Indies Gulden... Right to create a bank in the Netherlands Indies 1 Gulden 1846 Indonesia JEZ Pick 39a PMG Very 25. ( i.e payment instruments rights were once again renewed, from 1870 to 1881, and the were! Replacing the VOC monogram with the simple letters 'LN ' further notes saying! Of its banknotes with valid payment instruments 12 Gulden ), 1 Gulden 1846 JEZ... Followed in 1660 seem odd for the Coin on eBay in 1660 this reflected a towards. Official and common usage 4 duit to be worth twice as much as in the Netherlands 1... That Dutch currency ( of 1847 and later ) was legal tender in the Netherlands itself, it! Became unprofitable, but resumed later further notes simply saying `` Indonesia '' issued... The 25 % devaluation was restored notes simply saying `` Indonesia '' were issued 10... Gradually replacing the VOC monogram with the World Coin Price Guide was independently compiled by Active Interest NumisMaster..., it woudl seem odd for the Coin on eBay Dollar, 1972, lustrous w/ some (... Shares of 500 Gulden, to be sold in four tranches of 2000 shares each again renewed from... Buy banknotes from Netherlands East Indies 1/4 Gulden prices, images and mintage info averages not...
Allen Rossum 40 Yard Dash Time,
Articles N
netherlands indies gulden