World Coins: Your Newest Acquisition!

Oh that is really cool. Now I want to get one too!

 

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Price was right. Very right.

 

Didn't see the scratches in the sky above the building because of the toning and lighting when I bought this on Friday. They initially look like just in the toning, but I am afraid they are deep enough to detail the coin.
Edit: additional photo after acetone soak shows a firework show in the sky to the right of the dome; otherwise known as corrosion. Scratches are definitely from someone not knowing what they were doing and maybe trying to "conseve" the coin.

 

Five bucks is amazing for that

 

I recently acquired some coins of the Dutch East India Company. The Age of Discovery and the opening of trade routes between Europe and the Far East led to the development of some truly gigantic "private" companies, which were so powerful that they not only minted their own coins but actually maintained their own standing armies, able to conduct war and diplomacy.

Of these companies, the United East India Company - also known as the Dutch East India Company - was the largest, and one of the first. Here are a few paragraphs of history taken from the DEIC Wikipedia page:

"The Dutch East India Company (Dutch: Vereenigde Oostindische Compagnie, VOC, "United East India Company") was a chartered company established in 1602 when the States General of the Netherlands granted it a 21-year monopoly to carry out trade activities in Asia. It is sometimes considered to have been the first multinational corporation in the world,[2] and it was the first company to issue stock.[3] It was a powerful company, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts,[4] negotiate treaties, strike its own coins, and establish colonies.[5]

"Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships, and netted for their efforts more than 2.5 million tons of Asian trade goods. By contrast, the rest of Europe combined sent only 882,412 people from 1500 to 1795, and the fleet of the English (later British) East India Company, the VOC's nearest competitor, was a distant second to its total traffic with 2,690 ships and a mere one-fifth the tonnage of goods carried by the VOC. The VOC enjoyed huge profits from its spice monopoly through most of the 17th century.[6]

"Having been set up in 1602 to profit from the Malukan spice trade, the VOC established a capital in the port city of Jayakarta in 1609 and changed the city name into Batavia (now Jakarta). Over the next two centuries the company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory.[7] It remained an important trading concern and paid an 18% annual dividend for almost 200 years.

"Weighed down by smuggling, corruption and growing administrative costs in the late 18th century, the company went bankrupt and was formally dissolved in 1799. Its possessions and debt were taken over by the government of the Dutch Batavian Republic. The former territories owned by the VOC went on to become the Dutch East Indies and were expanded over the course of the 19th century to include the entirety of the Indonesian archipelago. In the 20th century, these islands would form the Republic of Indonesia."

(18% annually over 200 years would turn a $1 investment into almost $238 trillion!)

Though the DEIC reached its height in the late 17th century, at the time of these coin's minting it was still a mighty economic force in the East.











I have a couple more DEIC coins coming, so I hope to post some more soon!

 

Great writeup!

 

Razz, I recently got your Peso’s slightly younger brother

 

Interesting the PCGS apparently put the reverse facing front in the slab. The star is the reverse according to the Krause Mischler manual.

 

Another addition to my slow but growing collection of George V Canadian quarters

 

Picked this up for a song at the thrift store.
Possible rust mark from another coin on the obverse


Czech Republic - 50 Korun

Obverse
Crowned Czech lion, mint mark and date in the center
Lettering:
ČESKÁ REPUBLIKA
1993 - · 50 Kč ·
Reverse
Well known places in Prague such as the Karlův most (Charles Bridge), Saint Vitus's Cathedral and others
Lettering:
PRAGA·MATER·URBIUM
L·K (Engraver: Ladislav Kozák)
Translation:
Prague, the Mother of Towns

 

Got these at the same time. Large coins 38mm diameter

1983 Charles and Diana visit to NZ. Mintage 40,000 but only worth about $US4


1969 Bi-Centenary Cooks Chart Mintage only 400k although very little value. UNC $US2

 

I really like this bimetallic coin! I have a 1995 mint set. All the lions are a little bit different on each coin.

 

Two lovely new GV Shillings I just picked up.


PCGS MS64

PCGS MS65
Set is coming along nicely. I have 23/26 so far with many to upgrade still

 

You are contractually required to buy it.

 

2022 Britannia. Fond goodbye to the queen.