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Live auction - fwo_714971 - NETHERLANDS INDIES 1/20 Gulden 1854 Utrecht

NETHERLANDS INDIES 1/20 Gulden 1854 Utrecht MS63 PCGS
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 900 €
Price : 620 €
Maximum bid : 701 €
End of the sale : 07 June 2022 21:26:32
bidders : 3 bidders
Type : 1/20 Gulden
Date: 1854
Mint name / Town : Utrecht
Quantity minted : 1000
Metal : silver
Millesimal fineness : 720 ‰
Diameter : 13 mm
Orientation dies : 6 h.
Weight : 0,62 g.
Edge : cannelée
Rarity : R2
Slab
slab PCGS
PCGS : MS63
Coments on the condition:
Exemplaire sous coque PCGS MS63
Catalogue references :

Obverse


Obverse legend : NEDERL - INDIE // 1/20 - G . 1854.
Obverse description : Armes couronnées des Pays-Bas.

Reverse


Reverse legend : LÉGENDE EN MALAYSIEN ET JAVANAIS.
Reverse description : au centre d’un décors.

Historical background


NETHERLANDS INDIES

In 1602, the Vereenigde Ooste Indishe Compagnie (United East India Company) abbreviated as VOC was founded, which obtained the monopoly of trade in the Indian Ocean. It establishes counters, raises troops and maintains a fleet. Badly managed, the VOC is also worn down by competition and wars with the British. It loses Ceylon and is reinforced in the area of present-day Indonesia. The VOC went bankrupt in 1798 and its assets were taken over by the Batavian Republic and then by the Kingdom of the Netherlands. Occupied between 1943 and 1945 by Japanese troops, the Dutch failed to restore their sovereignty over the archipelago and had to concede independence in 1949.

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