Live auction - 525460 - 100 Dollars NETHERLANDS INDIES Medan 1899 P.-
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 30 € |
| Price : | 42 € |
| Maximum bid : | 44 € |
| End of the sale : | 18 February 2025 18:29:49 |
| bidders : | 4 bidders |
Face Value : 100 Dollars
Date: 1899
Period/Provinces/Banks Nécessité
French City Medan
Catalogue reference : P.-
Commentary
Lot de 4 coupons de tabac de 100 Dollars, ville de Medan 1899.
Lot of 4 tobacco coupons of 100 Dollars, city of Medan 1899
Lot of 4 tobacco coupons of 100 Dollars, city of Medan 1899
Historical background
NETHERLANDS INDIES
In 1602, the Vereenigde Ooste Indishe Compagnie (United East India Company) abbreviated as VOC was founded, which obtained the monopoly of trade in the Indian Ocean. It establishes counters, raises troops and maintains a fleet. Badly managed, the VOC is also worn down by competition and wars with the British. It loses Ceylon and is reinforced in the area of present-day Indonesia. The VOC went bankrupt in 1798 and its assets were taken over by the Batavian Republic and then by the Kingdom of the Netherlands. Occupied between 1943 and 1945 by Japanese troops, the Dutch failed to restore their sovereignty over the archipelago and had to concede independence in 1949.
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