Dutch East Indies. Duit 1796

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Yunheng Deng
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Selected by Yunheng Deng

Has over 30 years of experience collecting coins, with extensive professional contacts in Asia. Passionate about the stories behind contemporary coins.

Estimate  € 850 - € 950
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€3
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€2
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€1

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Tin emergency coin, 1 duit, 1796, minted in Batavia for the VOC under mintmaster Guillaume Elie Teisseire; weight 6.02 g; largely intact surface with only light corrosion marks; not certified.

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Description from the seller

Dutch East Indies – VOC
Emergency coin, 1 duit, 1796 – Guillaume Elie Teisseire

Rare tin emergency coin of the United East India Company, struck in Batavia in 1796 under mintmaster Guillaume Elie Teisseire.

Obverse: VOC emblem with the letter N (Dutch) above it.

Reverse: I / DUIT / 1796.

Due to the curtailment of copper duits imports from the Republic, there arose in 1796 a serious shortage of small change in the Dutch East Indies. On the proposal of General Commissioner J. Siberg it was decided to strike tin emergency coins, for which Guillaume Elie Teisseire was made responsible. In May 1796 large quantities were produced to cover the shortage.

The production, however, faced a major problem: not only the coin dies, but also the punches were produced by Chinese craftsmen. As a result, counterfeits that were difficult to distinguish from official issues appeared quickly, often made in a lead-tin alloy. Consequently, the tin emergency duits were withdrawn from circulation as early as 19 May 1797 and the majority of the issue was melted down. Only a limited number of specimens has been preserved, making these emergency coins today among the most sought-after VOC issues.

Very attractive specimen with a largely pristine surface and only light signs of corrosion, appropriate to the fragile tin material.

Material: tin
Weight: 6.02 g

References: Scholten 486 (R4); CNO 20.10 (R2); KM 179 (RR).

Dutch East Indies – VOC
Emergency coin, 1 duit, 1796 – Guillaume Elie Teisseire

Rare tin emergency coin of the United East India Company, struck in Batavia in 1796 under mintmaster Guillaume Elie Teisseire.

Obverse: VOC emblem with the letter N (Dutch) above it.

Reverse: I / DUIT / 1796.

Due to the curtailment of copper duits imports from the Republic, there arose in 1796 a serious shortage of small change in the Dutch East Indies. On the proposal of General Commissioner J. Siberg it was decided to strike tin emergency coins, for which Guillaume Elie Teisseire was made responsible. In May 1796 large quantities were produced to cover the shortage.

The production, however, faced a major problem: not only the coin dies, but also the punches were produced by Chinese craftsmen. As a result, counterfeits that were difficult to distinguish from official issues appeared quickly, often made in a lead-tin alloy. Consequently, the tin emergency duits were withdrawn from circulation as early as 19 May 1797 and the majority of the issue was melted down. Only a limited number of specimens has been preserved, making these emergency coins today among the most sought-after VOC issues.

Very attractive specimen with a largely pristine surface and only light signs of corrosion, appropriate to the fragile tin material.

Material: tin
Weight: 6.02 g

References: Scholten 486 (R4); CNO 20.10 (R2); KM 179 (RR).

Details

Era
1400-1900
Over 200 years old
Yes
Country/province
Dutch East Indies
Year/period and variation
1796
Denomination
Duit
Precious metal
tin
Condition
Ungraded
The NetherlandsVerified
1410
Objects sold
99.24%
Privatetop

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