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Why did Netherlands (Pre-Euro) discontinue 1/2 Gulden coins?
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<p>[QUOTE="THCoins, post: 2090805, member: 57364"]Tried to look u some Dutch sources on the subject. No official reason for stopping of minting after 1930 is given. Newspaper articles from the time do give some insight. The beginning of the thirties was a period of recession. The half-guilder was not used much in the Netherlands (production was more aimed at the dutch east-indies). Because of the recession people were massively hoarding silver coinage. It was said that there were more 1/2 guldens kept in socks than in circulation. This may have contributed to the decision not to produce any more.</p><p>At the beginning of WWII the German occupation ordered all silver coinage invalid and to be handed over to the authorities (Which nobody did).</p><p>In 1947 there was a discussion whether the post-war coinage had to be silver again because of high silver prices at that time. Ultimately the decision was made to mint only 1 and 2.5 gulden coins from silver (but smaller than pre-war sizes). Production of 1/2 gulden coins was not restarted.[/QUOTE]</p><p><br /></p>
[QUOTE="THCoins, post: 2090805, member: 57364"]Tried to look u some Dutch sources on the subject. No official reason for stopping of minting after 1930 is given. Newspaper articles from the time do give some insight. The beginning of the thirties was a period of recession. The half-guilder was not used much in the Netherlands (production was more aimed at the dutch east-indies). Because of the recession people were massively hoarding silver coinage. It was said that there were more 1/2 guldens kept in socks than in circulation. This may have contributed to the decision not to produce any more. At the beginning of WWII the German occupation ordered all silver coinage invalid and to be handed over to the authorities (Which nobody did). In 1947 there was a discussion whether the post-war coinage had to be silver again because of high silver prices at that time. Ultimately the decision was made to mint only 1 and 2.5 gulden coins from silver (but smaller than pre-war sizes). Production of 1/2 gulden coins was not restarted.[/QUOTE]
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