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1944 P Netherlands Gulden Acorn Privy - Why So Expensive?
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<p>[QUOTE="iPen, post: 2417621, member: 69760"]Well, I found some info, the US Mint created 105,125,000 Guldens for the Netherlands.</p><p><br /></p><p>[ATTACH=full]500427[/ATTACH] </p><p><br /></p><p>And, under the US's Lend-Lease Act, we provided 17,742,065.74 ounces of silver to the Netherlands. With the ASW of the 1944 Gulden equaling 0.2315 troy oz, that means that the Netherlands had to eventually pay back 76,639,593 Guldens to the US for fiscal year 1944. If the US kept the silver in stock at the Mint in lieu of delivery to Nazi-occupied Netherlands (I would think this would be obvious...), and the silver had to be paid back per US law and international agreement, then that means that only about 23,360,407 Guldens may not have been melted. In other words, the US may have over-produced the number of silver coins for various countries due to the law. But, that 23 million figure is still large, and this is speculation based on data. So, the actual number of coins issued is largely inconclusive, at least from the bits I read.</p><p><br /></p><p>[ATTACH=full]500437[/ATTACH]</p><p><br /></p><p><br /></p><p>And, apparently, the acorn means that there is no mint master from the Netherlands, if I'm reading that correctly in the link below:</p><p><br /></p><p><a href="http://colnect.com/en/coins/list/country/2177-Netherlands/year/1944" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://colnect.com/en/coins/list/country/2177-Netherlands/year/1944" rel="nofollow">http://colnect.com/en/coins/list/country/2177-Netherlands/year/1944</a>[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2417621, member: 69760"]Well, I found some info, the US Mint created 105,125,000 Guldens for the Netherlands. [ATTACH=full]500427[/ATTACH] And, under the US's Lend-Lease Act, we provided 17,742,065.74 ounces of silver to the Netherlands. With the ASW of the 1944 Gulden equaling 0.2315 troy oz, that means that the Netherlands had to eventually pay back 76,639,593 Guldens to the US for fiscal year 1944. If the US kept the silver in stock at the Mint in lieu of delivery to Nazi-occupied Netherlands (I would think this would be obvious...), and the silver had to be paid back per US law and international agreement, then that means that only about 23,360,407 Guldens may not have been melted. In other words, the US may have over-produced the number of silver coins for various countries due to the law. But, that 23 million figure is still large, and this is speculation based on data. So, the actual number of coins issued is largely inconclusive, at least from the bits I read. [ATTACH=full]500437[/ATTACH] And, apparently, the acorn means that there is no mint master from the Netherlands, if I'm reading that correctly in the link below: [url]http://colnect.com/en/coins/list/country/2177-Netherlands/year/1944[/url][/QUOTE]
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1944 P Netherlands Gulden Acorn Privy - Why So Expensive?
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