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<p>[QUOTE=&quot;kaparthy, post: 2318580, member: 57463&quot;]Thanks! Your extensive knowledge truly illuminates the fascinating history of these issues.</p><p><br /></p><p>I am not clear on one point: &quot;... the value of the Netherlands gold ducats in the VOC was higher than their value in the Netherlands.&quot;</p><p><br /></p><p>The value of a gold coin is its value. That is what a standard is. A meter is one meter long. In the Netherlands, the coins bought this or that. In the East Indies, they bought other stuff. I do not understand where the margin for arbitrage could be.</p><p><br /></p><p>Thanks.[/QUOTE]</p><p><br /></p>

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