8 Stivers 1589 front 8 Stivers 1589 back
8 Stivers 1589 photo
© Heritage Auctions Europe

8 Stivers

1589 year
Billon - -
Description
Issuer
City of Groningen (Dutch Republic)
Emperor
Rudolph II (Rudolf II) (1576-1612)
Type
Standard circulation coin
Year
1589
Value
8 Stuivers (0.4)
Currency
Gulden (1581-1795)
Composition
Billon
Shape
Round (irregular)
Technique
Hammered
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#351491
Rarity index
100%

Reverse

Standing figure of Saint Martin divides value in inner circle.

Script: Latin

Lettering: SANTCTVS · MARTINVS · EP · 1589

Unabridged legend: Sanctus Martinus Episcopus 1589

Translation: Saint Martin, Bishop 1589

Interesting fact

The 8 Stivers coin from the City of Groningen (Dutch Republic) made of Billon is interesting because it was issued during a time of great economic change in the region. The Dutch Republic was in the midst of a period of rapid economic growth and urbanization, and the introduction of new coinage systems was a response to the need for more efficient trade and commerce. The 8 Stivers coin was one of the first coins to be issued in the Dutch Republic, and it played an important role in facilitating everyday transactions during this time.