1 Duit (Zeeland) - With "V" countermark 1731 front 1 Duit (Zeeland) - With "V" countermark 1731 back
1 Duit (Zeeland) - With "V" countermark 1731 photo
© Schulman auction house

1 Duit Zeeland - With "V" countermark

1731 year
Copper 3.1 g 22 mm
Description
Issuer
Indonesia › Netherlands East Indies (1601-1949)
Period
United East India Company (1602-1800)
Type
Standard circulation coin
Year
1731
Value
1 Duit (1⁄96)
Currency
Gulden (1726-1854)
Composition
Copper
Weight
3.1 g
Diameter
22 mm
Thickness
1.3 mm
Shape
Round
Technique
Countermarked
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#351917
Rarity index
97%

Reverse

VOC monogram divides date. Mintmark at top between stars. Countermark of unknown origin.

Script: Latin

Lettering:
VOC
17 49
V

Unabridged legend: Vereenigde Oost-Indische Compagnie

Translation: United East India COmpany

Edge

Plain

Comment

Host coin is KM#152 (see link).

Interesting fact

One interesting fact about the 1 Duit (Zeeland) coin with the "V" countermark from Indonesia (Netherlands East Indies) is that it was issued during a time of significant economic and political change in the region. The coin was minted in 1731, just a few years after the Dutch East India Company had established a monopoly on the spice trade in the Maluku Islands, which led to a significant increase in the demand for copper, the primary metal used in the production of the coin. This increased demand, in turn, led to the creation of new mints and the production of more coins, such as the 1 Duit (Zeeland) coin, to facilitate trade and commerce in the region.