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E-auction 568-510658 - fwo_906946 - NETHERLANDS INDIES 1 Duit armes de la Hollande / monogramme de la Verenigde Oost-Indische Compagnie 1780

NETHERLANDS INDIES 1 Duit armes de la Hollande / monogramme de la Verenigde Oost-Indische Compagnie  1780  F
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NO BUYER'S FEE.
Estimate : 5 €
Price : 5 €
Maximum bid : 6 €
End of the sale : 04 March 2024 18:44:00
bidders : 4 bidders
Type : 1 Duit armes de la Hollande / monogramme de la Verenigde Oost-Indische Compagnie
Date: 1780
Quantity minted : -
Metal : copper
Diameter : 21,50 mm
Orientation dies : 12 h.
Weight : 2,93 g.
Edge : cordonnée
Catalogue references :

Obverse


Obverse description : Armes couronnée de la Hollande.

Reverse


Reverse legend : VOC / 1780.

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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