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Dutch East Indies. VOC Duiten 1734/1754 (9 verschillende)

Dutch East Indies. VOC Duiten 1734/1754 (9 verschillende)

Dutch East Indies, Various Provinces. VOC Duit coins 1734/1754 (9 different ones)

Holland: 1734, 1745 and 1751
Zeeland: 1745, 1748 and 1754.
West Friesland: 737, 1750 and 1753

Extra information:
During the 1594-1602 period, various so-called "long-distance companies" traded in the Orient. These various independent companies were often involved in fierce competition, which was detrimental to the profit. The government therefore decided to found one single company. In 1602, the Dutch East India Company (VOC) was established, which acquired exclusive rights in the Netherlands to trade with Asia. The VOC ceased to exist in 1799.

The "long-distance companies" traded using the Spanish Reals (Spanish Dollars), among other currencies, which were even restruck in Dordrecht and Middelburg. The later VOC also used the Reals, 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, coins such as schellingen, double stuivers and stuivers were also brought to the Orient later on, as well as duiten starting from 1724. This first shipment of duiten consisted of the regular Dutch version 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 duiten to Asia, which soon led to the decision to create a custom VOC version of the coin. Only this custom version was declared valid. The reverse side of most of these duiten only shows the coat of arms of the province they were struck in, and no other text. The obverse depicts the VOC monogram with the year below it. This new version was first struck in 1726.

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Country/province Dutch East Indies
Denomination VOC Duiten
Year/Period and Variation 1734/1754 (9 verschillende)
Condition Ungraded
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