As a result, in 1640 the rijksdaalder (valued at 50 stuivers in the Netherlands) and the Spanish 8 Real were both increased in value to 60 stuiver coins, thereby making it unprofitable to exchange small change for large coins. The VOC was nationalised by the Netherlands (the Batavian Republic) in 1800, and a Council for Eastern Possessions was established to administer it. The VOC wished to introduce copper coinage, replacing the picis (the supply of which had been interrupted by the Japanese), and began to import Dutch duit in 1724 from the province of Holland. Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. This credit paper was used to underwrite the bank paper, but due to lack of coin, the paper money lost its value, falling 20% by 1789. WebUntil 1802, the Netherlands Indies gulden was subdivided into 20 stuiver, each of 4 duit, as in the Netherlands. Reverse Legend:MO ARG ORD FOED BELG HOL . Find more coin values at NumisMaster.com Go to the NGC US Coin Price Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The Batavian administrators continued to argue for it, and in 1655 the 25% devaluation was restored. Values in the table above are expressed in USD. So, it woudl seem odd for the Netherlands Indies duit to be worth twice as much as in the Netherlands itself. Nederlandsch indi Since some users own several versions, the sum may be greater than 100%. Lettering: Find more coin values at NumisMaster.com Go to the NGC US Coin Price This continued only until in 1750, as it did not generate much profit. Cayman Islands - Elizabeth II, Silver PROOF 1 Dollar, 1972, lustrous w/ some fog (385411966729). See the details of the coins available for swap, Buy coins from Netherlands East Indies at eBay, Leg of P pointing at top of 5 (3 subvariants, appr. Three of these used old VOC designs with new dates (from 1802 to 1806), while the fourth, the designated central mint of the new Republic at Enkhuizen, bore the inscription 'INDIA BATAV' where the VOC monogram had been, and with the arms of the Crowned States instead of the individual province's arms. It is possible that this reflected a move towards the use of lower value coins for every day transactions. Netherlands East Indies 1/10 Gulden KM# 304.1 1854 (u) New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. The weight of silver equal to one guilder unit was derived from the value in stuivers of the weight of the rijksdaalder coin[clarification needed]. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. They are based on evaluations by Numista users and sales realized on Internet platforms. Due to a lack of bullion reserves, towards the end of the expiry of the first rights, 'kopergeld', or copper money notes, were issued. WebFind many great new & used options and get the best deals for Netherlands Indies, 5 Gulden, 1943, VF++ (stains), P-113(a) at the best online prices at eBay! A revised order authorising production in pewter followed in 1660. WebNetherlands East Indies (Indonesia) Queen: Wilhelmina : Type: Standard banknote Year: 1940 : Value: 1 Gulden Currency: Gulden (decimalized, 1854-1948) Composition: Paper: Size: 115 70 mm: Shape: Rectangular: Demonetized: Yes As only one specimen is known to survive, it seems that this was not a successful issue. The rise of the Majapahit empire from the 13th century saw the masa disappear from use, replaced with the 'picis', or copper Chinese cash in the 14th century, which had been produced in vast numbers in China, and were kept in strings of 100 or 1000 coins. Translation: Dutch East Indies . Free Postage. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These coins were not widely accepted and over a million were returned, and on the return to Dutch control, the Dutch refused to recognise the coins. 61 relations. Translation: Dutch East Indies . WebThe gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides. In some cases, NGC has made adjustments or edits to the prices, descriptions and specifications. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. WebThe Netherlands Indies gulden, later the Netherlands Indies roepiah ( [rupiah] ), was the currency issued by the Japanese occupiers in the Dutch East Indies between 1942 and 1945. These prices are not intended, and should not be relied upon, to replace the due diligence and when appropriate expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. These latter duits were issued dated 18021809. Dutch East Indies The Dutch government in exile ordered notes for issue on their return to Indonesia, and these were printed in the US in 1942, dated 1943. Ten million were sent to the Indies in the 1770s alone. For the 1941 P issue, 33,800,000 were minted in 1941 and 8,050,000 were minted in 1942. The bank's rights were renewed for a further ten years from 1838, with the second tranche of shares sold. The low-valued picis had wildly fluctuating value, but were worth around 10,000 lead picis to the piece of eight around the turn of the 17th century. With the Batavian Republic in the Netherlands having collapsed, the new administration of the Kingdom of Holland under the authority of Louis Napoleon, appointed Herman Willem Daendels as Governor-General. Although the VOC was nationalised in 1800, production of silver and gold rupees continued, and half gold rupees were issued 18001803 and 1807, with silver rupees issued 18001808, and half silver rupees also issued in 1805 and 1806. On this Wikipedia the language links are at the top of the page across from the article title. Netherlands East Indies Coin Price Guide Powered by NumisMaster Netherlands East Indies 1/4 Gulden KM# 319 1941P New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. Reverse. Unlike similar money produced for Ceylon, they lacked the VOC monogram. wettig betaalmiddel Another counterstamping measure was of the silver stuiver coins of Zeeland, which were counterstamped from 1687 for a number of years. Scroll below to The duit gradually became more popular over the 18th century. van Aelst, This page was last edited on 2 November 2022, at 11:43. The Crown weighed 78 of a Dutch lion thaler, which was then worth 48 stuivers. 17th CenturyUnited East India Company take control, Learn how and when to remove this template message, Japanese occupation currency, Dutch East Indies, "Managing multiple currencies with unit of account: Netherlands India 16001800", Japanese government-issued currency in the Dutch East Indies, https://en.wikipedia.org/w/index.php?title=Netherlands_Indies_gulden&oldid=1119595288, Currencies of the Kingdom of the Netherlands, Articles lacking in-text citations from April 2009, Wikipedia articles needing clarification from June 2011, Creative Commons Attribution-ShareAlike License 3.0, Majapahit picis; "The currency of a 'moneyless' society 13001700"A. View Netherlands East Indies 1/4 Gulden prices, images and mintage info. , . As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. Buy banknotes from Netherlands East Indies at eBay, Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. WebCountry: Netherlands Indies Denomination: 5 gulden Price: $58.00 Catalog #: 124c Product ID: 22062603 Year: {1942} Grade: EF (extremely fine) Other Info: WWII Japanese occupation note for the Netherlands East Indies (now Indonesia). For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Small change intended for local use did not need to be accepted outside the Indies, so Dutch silver 1 stuiver, 2 stuiver (dubbeltjes, known as 'uang'), and 6 stuiver (schillings) coins were imported. Netherlands East Indies Gulden KM# 330 1943D New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. . 1 Rupiah Numismatic specification data and valuation estimates provided by Active Interest Medias. The bank was finally closed down by the VOC on 7 April 1794 due to lack of enough capital to meet its obligations, with all notes due for exchange within 2 months. In addition to the 8 Real, a number of other large coins were in use. Daendels borrowed 736,00 rijksdaalders in the form of credit paper. 5,025.13. Thus the first internationally recognised currency of the new nation of Indonesia still bore the words "gulden", and "De Javasche Bank", reusing the 1946 (even retaining the date, 1946) De Javasche Bank notes, changing only the colour, and with additional denominations of 50, 100, 500 and 1000 gulden. After the collapse of the VOC at the end of the 18th century, control of the islands reverted to the Dutch government, which issued silver 'Netherlands Indies' gulden and fractional silver and copper coins until Indonesian independence in 1949. It was determined that the Indies had a great shortage of copper coinage, and so the minting of duits resumed at four mints in the Netherlands. They were struck from the same dies used to make contemporary silver rupees. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. WebThe Netherlands Indies gulden, later the Netherlands Indies roepiah ( [rupiah] ), was the currency issued by the Japanese occupiers in the Dutch East Indies between 1942 and 1945. Coinage was finally fully decimalised in 1854, with copper 12, 1 and 2+12 cents and silver 120, 110 and 14 gulden (although the 18211840 coinage continued to circulate). For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. WebDetailed information about the coin Gulden, Netherlands East Indies, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data Numista Inscription within sun design flanked by small legends at points, Numismatic specification data and valuation estimates provided by Active Interest Medias. Because of Dutch fears about damage to De Javasche Bank from the war, they were issued under the authority of the Dutch government instead, hence they were known as the 'NICA Gulden' (Netherlands Indies Civil Administration gulden). VOC officials manipulated the system, paying 'light' money in Batavia and receiving heavy in Amsterdam, at the expense of the VOC. WebCountry: Netherlands Indies Denomination: 5 gulden Price: $58.00 Catalog #: 124c Product ID: 22062603 Year: {1942} Grade: EF (extremely fine) Other Info: WWII Japanese occupation note for the Netherlands East Indies (now Indonesia). Production resumed from 1783 to early 1789, and again from 1795 until 1798. In 1602, the United East India Company (VOC) was formed from six trading companies in the Netherlands, and granted a trade monopoly over the Indies. WebNetherlands East Indies (Indonesia) Queen: Wilhelmina : Type: Standard banknote Year: 1940 : Value: 1 Gulden Currency: Gulden (decimalized, 1854-1948) Composition: Paper: Size: 115 70 mm: Shape: Rectangular: Demonetized: Yes Visit the World Coin Price Guide on NGCcoin.com to see prices for Netherlands East Indies 1/10 Gulden coins, as well as images, mintage info, composition details and design notes. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. To subdivide the Indies stuiver, in 1658 an official issue of the lari known as Tangs'fish hook' coins made of copper (based on money in use in South Asia)was attempted. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGCs official opinion or policy. Find more coin values at NumisMaster.com Go to the NGC US Coin Price They circulated alongside the picis for most of the 18th century, and by 1800 the duit had superseded the inconvenient picis in Java. Authorised capital was 8000 shares of 500 gulden, to be sold in four tranches of 2000 shares each. WebThe VOC was nationalised by the Netherlands (the Batavian Republic) in 1800, and a Council for Eastern Possessions was established to administer it. French centime coins had been imported in 1811, but subsequently withdrawn; in 1818 to address the shortage, copper bonks were once again issued in 12, 1, and 2 stuiver denominations. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. Obverse:Crowned Dutch arms between value, Reverse:Value in Javanese and Malayan text within circle, Note:Privy mark: sword for 1854-58, Privy mark: broadaxe for 1882-85. Due to counterfeiting, the coins were withdrawn two years later, in 1647. The World Coin Price Guide was independently compiled by Active Interest Medias NumisMaster. Netherlands East Indies Coin Price Guide Powered by NumisMaster Netherlands East Indies 1/10 Gulden KM# 318 1945 P/P New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. This index is based on the data of Numista members collections. Prices provided are averages, not specific prices for individual coins. View Netherlands East Indies 1/4 Gulden prices, images and mintage info. The denominations were 10 Stuiver (12 Gulden), 1 Gulden and 3 Gulden. WebThe gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). muntbiljet Holland and Zeeland issued the first VOC copper duit coins, bearing their respective arms, and those two provinces along with West Friesland also issued VOC ducatons (one ounce silver coins). The World Coin Price Guide was independently compiled by Active Interest Medias NumisMaster. Starting from 1822, 'INDIA BATAV' was replaced with 'NEDERL INDIE' on all coins. Please contact NGC Customer Service with any questions. This accounting practice correctly reflected inflation over time[clarification needed]. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and when appropriate expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. The Dutch closed the bank in 1818, giving people six months to exchange their banknotes before they were declared worthless. Due to a lack of silver coinage in circulation, a series of "recepis" for silver were issued for which the copper notes were exchanged at a rate of 6 copper gulden to 5 recepis gulden. These borrowings lacked backing with sufficient silver, and increased the money supply. NGC Coin Add Coin During the second half of the 18th century, old clipped silver stuivers were valued at 4 duits, and new ones at 5 duits. Please contact NGC Customer Service with any questions. Free Postage. Prices provided are averages, not specific prices for individual coins. A new design for VOC ducatons was then submitted and assent given, with the first VOC ducatons issued in 1728 by, and bearing the arms of, each of the six provinces that constituted the companies of the VOC. WebNetherlands East Indies (Indonesia) Queen: Wilhelmina : Type: Standard circulation coin Years: 1937-1945 : Value Gulden (0.1) Currency: Gulden (decimalized, 1854-1948) Composition: Silver (.720) (Copper .280) Weight: 1.25 g Counterstamping ended in 1761 when its counterfeiting was noticed. It was subdivided into 100 sen and replaced the gulden at par. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides. Malaya - Japanese Occupation WWII, 10 Dollars, ND (1944), AU, P-M7(c) (314390267192). The Netherlands Indies gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). These were made from Japanese silver bars as an emergency measure to address the lack of large silver coins due to the locals selling the large Dutch silver coins to Chinese traders for a profit. Due to a lack of silver in the Indies caused by the war between the Dutch and English, the VOC began to issue credit paper in 1782. The VOC administrators in the Netherlands ordered this minting to cease after only five weeks, so not many coins were minted. The bank's rights were once again renewed, from 1870 to 1881, and capital was increased to six million gulden. een halve By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. New banknote designs were introduced from 1897 depicting JP Coen. Prices provided are averages, not specific prices for individual coins. Please sign in or create an account to manage your collection. A lack of raw copper led to an experiment with melted cannon; this succeeded only in destroying the dies. With demand finally satiated, in 1843 the Batavia and Surabaya mints were closed permanently, and all subsequent Indies coinage was imported. A tang was equal to a quarter 'Indies stuiver', with five equalling the Dutch stuiver coin. Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. Trade companies in two provinces of the Netherlands began trading expeditions to the Indies in the late 16th century, and were authorised to issue their own trade coins for use on these expeditions: the United Amsterdam Company in 1601 and the Middelburg Company in 1602. Numista does not buy or sell coins or banknotes. Numismatic specification data and valuation estimates provided by Active Interest Medias. However Amsterdam ordered that the small coins be devalued by 25%, and large coins by 20% (in relation to the Netherlands, where the 8 Real was worth 50 stuivers). Nederlandsch Indie The NICA gulden, on the other hand, bore the image of the Dutch Queen, and was far from sensitive to nationalist feeling. The bank opened branches in Semarang and Surabaya in 1829. The coins were also referred to as 'quarter', 'half', and 'whole' rupees, as 16 silver rupees were worth a 'whole' rupee, on the same way that 16 Silver Indian Rupees equated to 1 Gold Mohur. Double ducats (also gold) were minted 17461748. With thirty 2-stuiver coins containing more silver than an 8 Real, the two-stuiver coins soon disappeared from circulation, for melting at a profit. WebDetailed information about the coin Gulden, Netherlands East Indies, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data Numista The first silver coinage minted for the colony were 99,000 gulden coins minted in Utrecht in 1821 (several million more were minted in 1839 and 1840). A variety of Dutch, Spanish and Asian coins were in official and common usage. One Gulden, Lettering: They began to be issued in the eastern islands of the archipelago (which the Dutch captured early on) from 1944 to 1945. Dutch rule was restored in 18141816 as a result of the treaty between the Netherlands and Britain returning the former Dutch possessions. Reverse. Production of whole and half rupees resumed in 17961798. Silver coins of the Batavian East Indies, all dated 1802, were of 116, 18, 14, 12 and 1 guldenthe stuiver now formed purely in copper. The Surabaya mint, closed in 1828, was reopened as a consequence of the high demand for coinage created by the Cultivation System. . WebOne gulden from the first Dutch government issued paper money in the Netherlands Indies (1815). The 120 gulden was only issued in 1854 and 1855, because it was too small to be convenient, but all other denominations continued to be issued until 1945, with copper changing to bronze from 1914, the addition of silver 1 and 2+12 gulden coins in 1943 (in earlier years regular Dutch coins of 12, 1 and 2+12 gulden had circulated alongside the Indies ones), and a copper-nickel 5-cent that was issued in 1913, 1921 and 1922. Scroll below to The system caused great confusion, but 'light' money was not abolished until 1742 locally, and in 1766 in the VOC accounts. - Top Rated Plus , - eBay , , 5 , 1943, ++ (), P-113(a). Free shipping for many products! WebNetherlands East Indies (Indonesia) Queen: Wilhelmina : Type: Standard banknote Year: 1943 : Value: 1 Gulden Currency: Gulden (decimalized, 1854-1948) Composition: Paper: Size: 127 72 mm: Shape: Rectangular: Demonetized: 1948 Several million coins were minted in total. Prices provided are averages, not specific prices for individual coins. It was determined that the Indies had a great shortage of copper coinage, and so the minting of duits resumed at four mints in the Netherlands. Solar disk with 7 rays. Inner circle contains value in Malayan in two lines, and in Javanese value is written along rim. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. The bank, known as "De Javasche Bank" (DJB), was opened in Batavia on 24 January 1828, with exclusive rights to operate for 10 years, until 31 December 1837. These were valued at 4 duit to the heavy stuiver (i.e. - * , . WebUntil 1802, the Netherlands Indies gulden was subdivided into 20 stuiver, each of 4 duit, as in the Netherlands. In some cases, NGC has made adjustments or edits to the prices, descriptions and specifications. WebFind many great new & used options and get the best deals for Netherlands Indies, 5 Gulden, 1943, VF++ (stains), P-113(a) at the best online prices at eBay! Click on "Shop" to search for the coin on eBay. Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. Other late 17th century countermarking efforts included a 1686 initiative to counterstamp imported ducatons (which were thereby given greater value), rijksdaalders and half ducatons. This measure ended in 1692. Chinese and other Asian traders were also using silver coins including the Indian Rupee and Eight Real. Copyright 1995-2023 eBay Inc. . In 1864 a new design of banknotes was introduced, including new 5 gulden, 200 gulden and 300 gulden denominations. 1945 type is known with 2 mint letter variations for Philadelphia: Assess world coin values with the World Coin Price Guide on NGCcoin.com. Banknote Find more coin values at NumisMaster.com Go to the NGC US Coin Price een gulden wettig betaalmiddel, Translation: Raffles initially re-established the 8 Real (rather than the rijksdaalder) as the standard coin, recalling 8.5million rijksdaalder of banknotes for silver. Nederlandsch indi Find more coin values at NumisMaster.com Go to the NGC US Coin Price Guide Price Guide Click on "Shop" to search for the coin on eBay. Free shipping for many products! Netherlands East Indies Gulden KM# 83 1802 New World Price Guide Search Numismatic specification data and valuation estimates provided by Active Interest Media s NumisMaster. Please contact NGC Customer Service with any questions. After the introduction of the rupee, the British began issuing Javan rupee bank paper instead of Real. Dutch Indies No coins in any denomination were minted between 1861 and 1881. The coins exhibited significant variation in weight, and were crudely made. It was determined that the Indies had a great shortage of copper coinage, and so the minting of duits resumed at four mints in the Netherlands. Free Postage. A shortage of copper currency was found; copper duits were produced in 18111812 bearing the British East India Company's mark 'VEIC', 'JAVA', and the date. The bank's rights were extended 1881 to 1891, and it was reincorporated as a new company, with the same capital of six million gulden in 1881. Duits were issued by Utrecht (most years from 1742 to 1794), Holland (most years from 1726 to 1793), Gelderland (1731 and 1732, then most years from 1771 to 1794), Zeeland (most years from 1726 to 1794), and West Friesland (most years from 1729 to 1794). the Dutch stuiver coin), twice the value that they had in the Netherlands. Members from this site want to exchange it: afercot, donmart, smiver, astertius, kinstintin, ThirdUncle, el lobo, rejero, elbaisland, meerma, Chernoguz64, matriciokas, Arnhemcoin, cavalierrogue, lanotte, Joshua KHB, Newtony, Carlos Cerrato, moloko, landycollector, muzz0000, EnekoPanama, doctorshailesh, jcs121368, Agoodcoin, vasyli, Carrcash, smy77, akadotour, kyo19792001 , See the details of the coins available for swap, This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. Scroll below to NGC Coin Add Coin See the details of the banknotes available for swap, Buy banknotes from Netherlands East Indies at eBay. The NGC Guides users who own this Coin ordered this minting to cease after only five weeks so. In 1655 the 25 % devaluation was restored in 18141816 as a of! Mintage info closed in 1828, was reopened as a result of the page across from the title. 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'' to search for the Coin on eBay 300 gulden denominations cayman Islands - Elizabeth,. 3 gulden of banknotes was introduced, including new 5 gulden, gulden... Than 100 % of Real sent to the information contained in the NGC Guides copper led to an experiment melted..., paying 'light ' money in Batavia and receiving heavy in Amsterdam, at the top of the treaty the... Move towards the use of lower value coins for every day transactions P,! They serve as an indication only ; they are not intended to be upon... Coins including the Indian rupee and Eight Real that they had in the form of credit paper they not! New design of banknotes was introduced, including new 5 gulden, to be relied upon for buying, or!