|
Netherlands Indies Guilder
The Netherlands Indies guilder (Dutch: ''Nederlands-Indische gulden'', Malay- Van Ophuijsen spelling: ''Roepiah Hindia-Belanda'') was the unit of account of the Dutch East Indies from 1602 under the United East India Company (), following Dutch practice first adopted in the 15th century (guilder coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). A variety of Dutch, Spanish and Asian coins were in official and common usage. 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' guilder and fractional silver and copper coins until Indonesian independence in 1945. History Prior to European contact A number of forms of payment were found throughout the archipelago prior to European contact. Stamped gold and silver masa and kupang date from the 9th century, with later coins substantially debased, with 13th-cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Java
The Bank of Java (, abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij). It was both a note-issuing bank and a commercial bank. Background The first bank founded in the Indonesian archipelago was the , established in 1746, to support trading activity. In 1752, it was renamed (), and was given a mandate to extend loans to employees of the Dutch East India Company. In 1818, that institution closed as a consequence of financial crisis. Dutch colonial period King William I of the Netherlands granted the right to create a pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gresham's Law
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. The law was named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham (1519–1579), an English financier during the Tudor dynasty. Gresham had urged Queen Elizabeth to restore confidence in then- debased English currency. The concept was thoroughly defined in Renaissance Europe by Nicolaus Copernicus and known centuries earlier in classical Antiquity, the Near East, and China. "Good money" and "bad money" Under Gresham's law, "good money" is money that shows little difference between its nominal value (the face value of the coin) and its commodity value (the value of the metal of which it is made, often precious metals, such as gold or silver). The price spread betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holland
Holland is a geographical regionG. Geerts & H. Heestermans, 1981, ''Groot Woordenboek der Nederlandse Taal. Deel I'', Van Dale Lexicografie, Utrecht, p 1105 and former provinces of the Netherlands, province on the western coast of the Netherlands. From the 10th to the 16th century, Holland proper was a unified political region within the Holy Roman Empire as a county ruled by the counts of Holland. By the 17th century, the province of Holland had risen to become a maritime and economic power, dominating the other provinces of the newly independent Dutch Republic. The area of the former County of Holland roughly coincides with the two current Provinces of the Netherlands, Dutch provinces of North Holland and South Holland into which it was divided, and which together include the Netherlands' three largest cities: the Capital of the Netherlands, capital city (Amsterdam), the home of Port of Rotterdam, Europe's largest port (Rotterdam), and the seat of government (The Hague). Hollan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utrecht (province)
Utrecht (), officially the Province of Utrecht (), is a Provinces of the Netherlands, province of the Netherlands. It is located in the centre of the country, bordering the Eemmeer in the north-east, the province of Gelderland in the east and south-east, the province of South Holland in the west and south-west and the province of North Holland in the north-west and north. The province of Utrecht has a population of about 1,388,000 as of January 2023. With a land area of approximately , it is the second smallest province in the country. Apart from its Utrecht, eponymous capital, major cities and towns in the province are Amersfoort, Houten, IJsselstein, Nieuwegein, Veenendaal and Zeist. The busiest railway station in the Netherlands, Utrecht Centraal railway station, Utrecht Centraal, is located in the province of Utrecht. History The Archdiocese of Utrecht (695–1580), Bishopric of Utrecht was established in 695 when Saint Willibrord was consecrated bishop of the Frisians a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arbitrage
Arbitrage (, ) is the practice of taking advantage of a difference in prices in two or more marketsstriking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge. When used by academics in economics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is the possibility of a risk-free profit after transaction costs. For example, an arbitrage opportunity is present when there is the possibility to instantaneously buy something for a low price and sell it for a higher price. In principle and in academic use, an arbitrage is risk-free; in common use, as in statistical arbitrage, it may refer to ''expected'' profit, though losses may occur, and in practic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duit
The duit () (plural: ''duiten''; - "A small Dutch coin formerly in use, the eighth part of a stiver, or the half of an English farthing; hence (chiefly in negative phrases) as the type of a very small or trifling sum.") was an old low-value Dutch copper coin. Struck in the 17th and 18th centuries in the territory of the Dutch Republic, it became an international currency. It held significant importance in both Dutch domestic and colonial trade, particularly in the Dutch East Indies (modern-day Indonesia). The coin had the nominal value of 1/8 stuiver. Etymology Etymologically, the word duit comes from Middle Dutch and means a type of small coin. History The Dutch East India Company (VOC) commissioned a special coin with a monogram engraved on it in order to prevent smuggling. The coin was first minted during the 17th century in the Dutch Republic and was issued in the Netherlands until the year 1816, when it was replaced by cents and ½ cents. Later it became an intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeeland
Zeeland (; ), historically known in English by the Endonym and exonym, exonym Zealand, is the westernmost and least populous province of the Netherlands. The province, located in the southwest of the country, borders North Brabant to the east, South Holland to the north, as well as the country of Belgium to the south and west. It consists of a number of islands and peninsulas (hence its name, meaning "Sealand") and a strip bordering the Flanders, Flemish provinces of East Flanders, East and West Flanders. Its capital is Middelburg, Zeeland, Middelburg with a population of 48,544 as of November 2019, although the largest municipality in Zeeland is Terneuzen (population 54,589). Zeeland has two Port, seaports: Vlissingen and Terneuzen. Its area is , of which is water; it had a population of about 391,000 as of January 2023. Large parts of Zeeland are below sea level. The North Sea flood of 1953, last great flooding of the area was in 1953. Tourism is an important economic activ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ducat
The ducat ( ) coin was used as a trade coin in Europe from the later Middle Ages to the 19th century. Its most familiar version, the gold ducat or sequin containing around of 98.6% fine gold, originated in Venice in 1284 and gained wide international acceptance over the centuries. Similarly named silver ducatons also existed. The gold ducat circulated along with the Florentine florin and preceded the modern British pound sterling. Predecessors The word ''ducat'' is from Medieval Latin ''ducalis'' = "relating to a duke (or dukedom)", and initially meant "duke's coin" or a "duchy's coin". The first issue of scyphate billon coins modelled on Byzantine ''trachea'' was made by King Roger II of Sicily as part of the Assizes of Ariano (1140). It was to be a valid issue for the whole kingdom. The first issue bears the figure of Christ and the Latin inscription ''Sit tibi, Christe, datus, quem tu regis iste ducatus'' (meaning "O Christ, let this duchy, which you rule, be dedi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ducaton
The ducaton, ducatone or ducatoon was a crown-sized silver coin of the 16th-18th centuries. History The first ducaton-type coin was the scudo known as the 'ducatone da soldi cento' (of 100 soldo), issued by Charles V, Holy Roman Emperor, in Milan in 1551. Ducatones were produced in greater numbers in numerous Italian states through the 17th century, spreading to other parts of the Spanish Empire, including Burgundy and the Netherlands - in 1618 the ducaton was produced in Brabant and Tournai comprising 32.48 grams of 0.944 silver depicting Albert and Isabella. Silver rider In 1659 the Dutch states started production of the 'silver rider' ducaton, featuring a mounted knight on horseback. This design weighing 32.779 grams of 0.941 silver also featured the crowned arms of the United Netherlands on the reverse, with a shield below the knight indicating the province of minting. Rider ducatons were minted until 1798. In the period 1726-1751 ducatons were minted bearing the monogr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pewter
Pewter () is a malleable metal alloy consisting of tin (85–99%), antimony (approximately 5–10%), copper (2%), bismuth, and sometimes silver. In the past, it was an alloy of tin and lead, but most modern pewter, in order to prevent lead poisoning, is not made with lead. Pewter has a low melting point, around , depending on the exact mixture of metals. The word ''pewter'' is possibly a variation of " spelter", a term for zinc alloys (originally a colloquial name for zinc). History Pewter was first used around the beginning of the Bronze Age in the Near East. The earliest known piece of pewter was found in an Egyptian tomb, , but it is unlikely that this was the first use of the material. Pewter was used for decorative metal items and tableware in ancient times by the Egyptians and later the Romans, and came into extensive use in Europe from the Middle Ages [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lari (fish Hook Money)
Larin (plural: lari) is the name of a class of objects serving as coins in areas around the Arabian Sea. The name is derived from Lar, a Persian town that according to tradition would have been the first to produce lari. A larin was a piece of silver wire of about 10 centimeters long, usually folded in two equal parts and shaped like a C, though there are also lari shaped like a J, an I or an S. Lari were stamped with an Arabic or Persian text, usually the name of the local ruler. The Larin, also known as "Koku Ridi" (Silver Hook) was in use in the Kandyan Kingdom from 17th to early part of the 19th century in Sri Lanka and were made by private parties, five of which went to a piece-of-eight, or a Spanish Dollar. These coins with a shape like a fish-hook, bear no legend, or at best poor imitations of Arabic letters; they are usually somewhat thick and short, frequently shows one or more cuts at the bend, apparently made to test the purity of the metal. During the Portuguese perio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thaler
A thaler or taler ( ; , previously spelled ) is one of the large silver coins minted in the states and territories of the Holy Roman Empire and the Habsburg monarchy during the Early Modern period. A ''thaler'' size silver coin has a diameter of about and a weight of about 25 to 30 grams (roughly 1 ounce). The word is shortened from , the original ''thaler'' coin minted in Joachimsthal, Bohemia, from 1520. While the first standard coin of the Holy Roman Empire was the of 1524, its longest-lived coin was the , which contained Cologne Mark of fine silver (or 25.984 g), and which was issued in various versions from 1566 to 1875. From the 17th century a lesser-valued '' North German thaler'' currency unit emerged, which by the 19th century became par with the . The ''thaler'' silver coin type continued to be minted until the 20th century in the form of the Mexican peso until 1914, the five Swiss franc coin until 1928, the US silver dollar until 1935, and the Austrian Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
