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<p>[QUOTE="Guilder Pincher, post: 2813665, member: 87595"]This just in:</p><p><br /></p><p>[ATTACH=full]659053[/ATTACH] [ATTACH=full]659062[/ATTACH]</p><p><br /></p><p>A "muntmeesterpenning" or "mint master's token" struck by the Dutch province of Utrecht in 1758. There is an interesting bit of history behind these. As I understand it, these tokens were struck as a private venture by the mint masters of a number of Dutch provincial mints starting in 1756. They were apparently popular among the somewhat better off as new year's gifts. However, since they contained a quarter guilder's worth of silver, these tokens started showing up in circulation as quarter guilder coins. This was probably helped by the fact that, aside from the lack of denomination, they look exactly like regular guilder coins of their day. Further minting was prohibited by the government in 1759 since no law provided for the existence of a coin of this denomination. Having thought about it a bit, I'm sure the decision was also made on the grounds that their production had not been subject to the regulations for minting official coinage and no percentage of the proceeds had been handed over to the treasury.</p><p>These tokens/de facto coins are very affordable today and can be easily found in medium to high grades. Evidently many must have been kept as originally intended <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. I'll try and find the Krause number tonight <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p>[ATTACH=full]659066[/ATTACH] [ATTACH=full]659065[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Guilder Pincher, post: 2813665, member: 87595"]This just in: [ATTACH=full]659053[/ATTACH] [ATTACH=full]659062[/ATTACH] A "muntmeesterpenning" or "mint master's token" struck by the Dutch province of Utrecht in 1758. There is an interesting bit of history behind these. As I understand it, these tokens were struck as a private venture by the mint masters of a number of Dutch provincial mints starting in 1756. They were apparently popular among the somewhat better off as new year's gifts. However, since they contained a quarter guilder's worth of silver, these tokens started showing up in circulation as quarter guilder coins. This was probably helped by the fact that, aside from the lack of denomination, they look exactly like regular guilder coins of their day. Further minting was prohibited by the government in 1759 since no law provided for the existence of a coin of this denomination. Having thought about it a bit, I'm sure the decision was also made on the grounds that their production had not been subject to the regulations for minting official coinage and no percentage of the proceeds had been handed over to the treasury. These tokens/de facto coins are very affordable today and can be easily found in medium to high grades. Evidently many must have been kept as originally intended :). I'll try and find the Krause number tonight :D [ATTACH=full]659066[/ATTACH] [ATTACH=full]659065[/ATTACH][/QUOTE]
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