ANA Twofer Newp - Dutch ducat

A nice example John, and ducats are something we don't see posted all that often anymore, so it makes me quite happy whenever I see one

 

This is high praise, not because of Doug's forum prominence, but because of his background in this sort of coinage.

Congrats on a nice acquisition. I love seeing old ducats, particularly the 16th and 17th century ones. I'd like to have another someday. The oldest I've had was a 1597 in an old small ANACS white holder. (I forget the grade- think it was XF40 or -45).

The only one I still have a picture of is this holey 1830 that was once on my trademark "Holey Gold Hat". Really nothing much more than bullion value in this case, I suppose, but still fun.

 

Yeah, no wonder the hammered gold pieces tended to be somewhat "bendy", with that high gold purity and relatively thin flans. It's not uncommon to see them with old creases.

Looks like the Krause value hasn't changed much, as per the NGC data page.

 

Yes, and yes.

 

They did, but to a limited degree. Like all gold coins they were just too big of a denomination for common every day use by the average person. But for merchants, particularly in port cities and towns, yeah they were used. I suppose most are unaware of it but the Netherlands gold ducat was most widely circulated and readily accepted coin the world has ever known, much more so in Europe, Asia, and Africa than in the Americas.

@AussieCollector , Roald may be able to speak a bit more about their circulation here in Colonial America as he has written and is currently writing articles specifically about the coins used in Colonial America.

 

Even longer than that! 1586 to the present, I think. Which I believe makes them the longest continually-issued coin design in the world.

Aha. Here you go.

 

Hmmm - that's part 1, that article used to have links to parts 2 and 3 but for some reason it doesn't anymore. I helped Darek write all 3 about three years ago. Anyway, if any have interest they can be found here -
https://coinweek.com/recent-article...herlands-gold-ducat-part-2-standard-followed/

and here -
https://coinweek.com/world-coins/wo...rt-3-importance-primary-research-numismatics/

 

As Doug said, they did, but to a limited degree (far less than many other coins), and mainly due to captains engaging in illegal trade.

I'd also note that in my research, I am yet to find primary evidence that they did circulate (e.g. a hoard or find). In the evidence reviewed to date, they are most often referred to in "coins of account", which is different to having physical coins.

 

P.S - I love Ducats, and you have picked up a lovely specimen.

Here is my Ducat, struck in Harderwijk (the provincial mint of the Gelderland province) in 1648 - the last year of the Eighty Years’ War (1568-1648).