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Started by thelawnet, November 22, 2008, 12:34:29 AM
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Quote from: BC Numismatics on November 21, 2008, 09:51:44 PMThe Netherlands Indies also had silver coins as well.In fact,the silver 1/10 & 1/4 Gulden coins were still in circulation as late as 1945.They were all struck at the Royal Dutch Mint in Utrecht,apart from the 1942-45 issues,which were struck in America.The coins of the British Occupation of Java are not very well-known among most collectors of British Commonwealth coins.Hopefully,by education,we can change this,& stir a bit of interest.I was certainly very pleased when I picked up the 1815 1 Stiver.
Quote from: thelawnet on November 21, 2008, 03:51:18 PMThere is an excellent book - in English - available on Google books, or from the Indian publishers (reprint from a 1931 Spink publication) Asian Educational Services - Coins of the Dutch East India, which explains much background information about these coins. The book is very cheaply priced at 495 rupees (about $10), although the publishers have not responded to my inquiry about shipping costs yet. Western book dealers want around $80 for this book. 90% of the pages are available on Google books, though you may have to clear your cookies and renew your IP address after you view a certain number of pages.
Quote from: thelawnet on November 22, 2008, 12:34:29 AMI'm not sure to what extent the 1942-1945 coins ever circulated, as on the Dutch return to the Indies the currency situation had been horribly inflated by masses of Japanese paper gulden and subsequently by the Dutch themselves, and so the silver coins were worth a lot more as bullion (or simply hoarded) than as coins. Certainly most of them for these dates seem to show very little wear. The coppers (1/2,1 and 2 1/2 cents), on the other hand, were accepted as legal tender in Indonesia until 1953 (the Indonesians never bothered to re-monetize the silver coinage, presmably because it would have seen ludicrous to do so for the weak rupiah to actually be backed by silver - instead they re-printed Dutch 10 and 25 sen notes of 1947, and from 1952 actually made their own coins, though this was soon worthless as a result of inflation, while the higher denominations (1, and 2 1/2 gulden, which were minted by the Dutch for the Indies only in 1943 - in previous years they stuck to standard Dutch guilders) were done in new 1948-dated De Javasche Bank paper (issued in 1950)).
Quote from: Figleaf on November 26, 2008, 03:08:00 PMIn the period 1942 to 1945, the Dutch government had bronze coins struck in three US mints. Silver one and 2-1/2 gulden pieces were struck in Denver, pursuant to royal decree of 20th July 1944, published in the National Journal (Staatsblad) E 54. All of these occur in circulated condition. Presumably, they were used in liberated areas, such as New Guinea.In the years 1945 to 1956, the same coppers were issued with frozen date. As pressure from the US for Indonesia's independence mounted, shipments were halted and coins were stored in the Netherlands, which explains why so many still look good.
QuoteIt would seem unlikely that the Dutch inflated the money supply further, as their monetary policy at home was basically a sharp contraction of the money supply.
Quote from: Figleaf on November 27, 2008, 03:03:07 AMSorry, that should have been 1950 (the transfer took place in December 1949). Your last para ignores the coins issued under William I, though you could argue the series was incomplete, because the 10 cents was not included. Also, there were complete pre-decimal series. The 1854 series were the first decimal coins struck in sufficient quantity to meet local demand, though.Peter
Quote from: Rangnath on December 03, 2008, 12:18:30 AMIs there any chance that thelawnet or figleaf have images of the coins mentioned above? Anything would help.richie
Quote from: Rangnath on December 03, 2008, 12:28:03 AMWell, I'd love to see examples of the any of the following for starts: "Actually the more plausible 'series', is that of 1802, the rather attractive 'ship' series of 'INDIAE BATAVORUM' silver coinage (of 1/16 - 1 gulden), along with the 1802-1809 'INDIAE BATAV' duits, but the latter had actually been intended for the Cape of Good Hope not the Indies, so the completion of this series would actually be with old VOC coins that were being minted alongside the INDIAE BATAV ones, but it's also hard to argue that VOC and Batavian Republic coins were a 'series'."richie
Quote from: thelawnet on November 27, 2008, 12:19:13 AM1956???Do you mean 1946?
Quote from: Rangnath on December 03, 2008, 05:33:41 PMThanks Thelawnet, I enjoyed the 'INDIAE BATAVORUM' series. If I could have a word with the designer though, I'd gently say, "nice job! But get rid of the Parentheses and let the date stand alone. And do try getting the ship and waves in proper linear and aerial perspective." richie
Quote from: Rangnath on December 03, 2008, 05:33:41 PMIf I could have a word with the designer though, I'd gently say, "nice job! But get rid of the Parentheses and let the date stand alone. And do try getting the ship and waves in proper linear and aerial perspective."