Dutch East Indies - Gelderland, Utrecht, West Friesland - Dutch East India Company Duit coins 1746/1791 (10 different coins)
Collection with 10 different Dutch East India coins in various conditions.
Gelderland: 1786, 1788 and 1790
Utrecht: 1755, 1790 and 1791
West Friesland: 1746, 1750, 1753 and 1755
During the period 1594–1602, various so-called "long-distance companies" traded in the orient. These various independent companies were often involved in fierce mutual competition, which was detrimental to the profit. The government therefore decided to found one single company. In 1602, the Dutch East India Company (V.O.C.) was established, which acquired exclusive rights in the Netherlands to trade with Asia. In 1799 the V.O.C. ceased to exist.
The "long-distance companies" traded using the Spanish Real (Spanish dollars), among other currencies, which were even copied and struck in Dordrecht and Middelburg. The later V.O.C. also used the Real coins, in addition to the high-value Dutch gold and silver coins that were already in circulation here. Examples of these are the gold Ducats and silver "leeuwendaalders", "rijders" and "rijksdaalders". In case of great shortage of minted currency, permission was sometimes granted to export gold and silver ingots. Due to the need for small change, "schellingen"', double "stuivers" and "stuivers" were also brought to the orient later on, as well as "duit" coins, starting from 1724. This first shipment of "Duit" coins consisted of the regular Dutch type from the Dordrecht mint. However, in Asia a "Duit" was worth ¼ "stuiver" instead of ⅛ "stuiver", so twice as much. This encouraged a substantial illegal trade of "Duit" coins to Asia, and thus it was soon decided to create a custom V.O.C. type coin. Only this own type was declared valid. The reverse side of most of these "Duit" coins only shows the coat of arms of the province they were struck in, and no other text. The obverse depicts the V.O.C. monogram with the year below. This new type was first struck in 1726.
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- VOC Duiten
- 1746/1791 (10 verschillende)
- 10 verschillende