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E-auction 340-254942 - fwo_546483 - NETHERLANDS INDIES 2 1/2 Cents 1857 Utrecht

NETHERLANDS INDIES 2 1/2 Cents 1857 Utrecht XF
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NO BUYER'S FEE.
Estimate : 15 €
Price : 12 €
Maximum bid : 21 €
End of the sale : 21 October 2019 17:14:00
bidders : 4 bidders
Type : 2 1/2 Cents
Date: 1857
Mint name / Town : Utrecht
Quantity minted : 36560000
Metal : copper
Diameter : 31 mm
Orientation dies : 6 h.
Weight : 12,4 g.
Edge : lisse
Catalogue references :

Obverse


Obverse legend : NEDERLANDSCH INDIE. // 18-57 // 2½ CENT..
Obverse description : écu au lion couronné.

Reverse


Reverse legend : (LÉGENDE EN ARABE سڤرامڤت / وله روڤيه).
Reverse description : au centre du champ.

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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