THE DUTCH REVOLT, Low Countries. Leiden. Besieged by the Spanish, 1573-1574. Paper Gulden – 20 Stuiver (37mm, 1.96 g, 2h). Dated 1574, issued 19 December 1573.

Triton XXV
Lot: 1290. Estimated: $ 500

Siege & Necessity Coinage, Paper

Sold For $ 2 000. This amount does not include the buyer’s fee.

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THE DUTCH REVOLT, Low Countries. Leiden. Besieged by the Spanish, 1573-1574. Paper Gulden – 20 Stuiver (37mm, 1.96 g, 2h). Dated 1574, issued 19 December 1573. * HAEC * LIBERTATIS * ERGO *, crown over lion standing left, holding cap on pole; 15 74 flanking / GODT · * · BEHOEDE · * LEYDEN/ N · O · V · L · L · S · G · I · P · A · C, coat-of-arms; countermark: coat-of-arms. Korchnak 325; Maillet pl. LXXI.2; CNM 2.32.2. Collection number ‘1027’ in ink on obverse. VF. Extremely rare.

From the J. de Wilde Collection. Ex Heritage/MPO 50 (24 May 2016), lot 1317.

Made during the Spanish Siege of 1574 from coinage dies on planchets that were stamped from pressed paper made from prayer books, this Gulden is the first true paper money ever issued in Europe. This specimen bears a 'klop' or countermark to distinguish it from the false examples that were also issued during the siege. After the siege ended, souvenirs were issued of a similar type. These common later issues lack the countermark and are usually encountered in a fresher state.

The final winners of all Triton XXV lots will be determined at the live public sale that will be held on 11-12 January 2022. Triton XXV – Session Four – Early Medieval & Islamic Coinage through Large Lots will be held Wednesday afternoon, 12 January 2022 beginning at 2:00 PM ET.

Winning bids are subject to a 20% buyer's fee for bids placed on this website and 22.50% for all others.

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