Netherlands East Indies 1786 3 gulden KM-140

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Jean Elsen sale 142, lot 1545
This specimen was lot 1545 in Jean Elsen sale 142 (Brussels, September 2019), where it sold for €650 (about US$844 including buyer's fees). The catalog description[1] noted,
"NEDERLANDS INDIE, Verenigde Oostindische Compagnie (1602-1799), AR 3 Gulden, 1789, Zeeland. Vz/ Nederlandse maagd met speer en vrijheidshoed. Kz/ Gekroond Generaliteitswapen. Daaronder VOC monogram. Zeldzaam Lichte randschade. Mooie patina. goede Zeer Fraai. (Netherlands East Indies, silver three gulden of 1789, Zeeland mint. Obverse: the maid of the Netherlands stands with spear and pedestal; reverse: crowned arms of the Generality, VOC monogram below. Scarce, nice patina, good Very Fine.)"
This type was struck at several provinces: KM 54 (Gelderland, scarce); KM 117 (Utrecht, most common); KM 140 (Westfriesland, shown here); KM 155 (Zeeland, 1789 only). We don't know why a distinctive design for the East Indies was considered necessary as three gulden were already being struck for the metropolis. In 1794, the Dutch Republic was snuffed out by invading forces of the French Revolution. The Low Countries did not regain their independence until 1815, with the formation of the kingdom of the Netherlands.

Recorded mintage: unknown.

Specification: 31.82 g, .920 fine silver, this specimen 31,43 g.

Catalog reference: Scholten 63b; Delm. 1164, KM 140.


  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • van der Wis, Jan, and Tom Passon, Catalogus van de Nederlandse Munten geslagen sind bet aantreden van Philips II tot aan het einde van de Bataafse Republiek (1555-1806), 2nd ed., Apeldoorn, Netherlands: Omni-Trading b.v., 2009.
  • [1]Elsen, Philippe, et al., Vente Publique 142, Brussels: Jean Elsen et ses Fils, S.A., 2019.

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