Gulden "Postulaatgulden" ND (1503-1506) front Gulden "Postulaatgulden" ND (1503-1506) back
Gulden "Postulaatgulden" ND (1503-1506) photo
© Schulman auction house

Gulden "Postulaatgulden" ND

 
Electrum 1.99 g -
Description
Issuer
Frisia (Dutch States)
Type
Standard circulation coin
Years
1503-1506
Value
1 Gulden
Currency
Gold Gulden (1420-1498)
Composition
Electrum
Weight
1.99 g
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#333836
Rarity index
100%

Reverse

Arms i trilobe within beaded inner circle

Script: Latin

Lettering: ✥ MONET'⋆ NOVA⋆ AVREA⋆ GRONI

Unabridged legend: Moneta nova aurea Groningensis

Translation: New gold coinage of Groningen

Interesting fact

The Postulaatgulden coin was minted during a time of great economic and political change in the Dutch States. The coin was introduced as a new standardized currency to replace the various local currencies that were in use at the time. This coin was made of electrum, a rare and valuable metal that was highly prized for its durability and resistance to corrosion. Despite its small weight of 1.99g, the Postulaatgulden coin was considered a significant innovation in coinage and played an important role in the development of the Dutch economy during the 16th century.