

| Kingdom of the Netherlands -- Trade Ducat (minted 1817-1937) |
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For only the second time in a decade, we have secured a sizable lot of brilliant-uncirculated Netherlands Trade Ducat coins. At only .1106 ounces of fine gold per coin, these are some of the smallest pre-1933 European coins available. Because of their small size, and frequent use in trade at a time when gold was the primary monetary system in Europe, the survival and release of brilliant uncirculated lots happens only upon rare occasion. It follows naturally that these types of lots typically trade at high premiums to their gold content.
Historical Commentary: Minted in Holland beginning in the 17th century to fuel its extraordinary tenure as the world's foremost commercial trader, the Netherlands one ducat gold coin offers both strong visual appeal and a scarcity value that could command a healthy premium in the years to come. The first Netherlands trade ducat was issued in 1487 under Phillip the Fair and a coin very similar to the one depicted above has been minted more or less continuously from the early 1600s on. The net fine weight of 3.5 grams gold never changed to the modern era. The trade ducat is minted as a gold bullion coin even today. Only the Venetian ducat has enjoyed greater longevity. The obverse of the famed ducat coin depicts a knight holding a bundle of arrows signifying the unity of the six northern provinces under the 1579 Union of Utrecht -- a declaration of independence from Spain. The motto Concordia Res Parvae Crescunt translates to "the union makes small things grow." The legend on the reverse translates to "money of the provinces of the United Netherlands according to the law of the empire." |
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