Netherlands East Indies 1840 gulden

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UBS sale 85, lot 1199
This specimen was lot 1199 in UBS sale 85 (Zurich, September 2010), where it sold for 625 CHF (about US$713 including buyer's fee). The catalog description[1] noted,
"NIEDERLANDE Niederländisch Ostindien Wilhelm I. 1815-1840. Gulden 1840, Utrecht. Gutes vorzüglich." (Netherlands East Indies, William I (1815-40), gulden of 1840, Utrecht mint, good Extremely Fine.)
The Dutch hold on the East Indies in the early nineteenth century was weak and the British captured Batavia more than once during the Napoleonic Wars. Dutch control was restored at the Congress of Vienna. In the 1820's, the Dutch had conquered Java, parts of Sumatra and the Moluccas and was steadily expanded to include all of what is now Indonesia by World War One. This piece, one of a type struck for Indonesia 1839-40, is not listed as particularly expensive in the SCWC but it sold for ten times the catalog price so perhaps the catalog is wrong. Similar gulden struck for the home country (KM 55) are also very scarce.

Recorded mintage: 1,981,000.

Specification: 10 g, .945 fine silver, this specimen 9,96 g.

Catalog reference: KM 300a.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]UBS Auction 85: Gold and Silver Coins, Zurich: UBS AG, 2010.

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