|
In the 1600’s, the “Golden Age” of Dutch
history, the Netherlands became a great sea
and colonial power. This was due, in no
small part, to the Dutch East India Company
(Vereenigde Oostindishche Compagnie, or VOC,
in Dutch). The VOC was the first company in
the world to issue stock, and by 1669, it
had become the richest private company the
world had ever seen, with over 150 merchant
ships, 40 warships, 50,000 employees, and a
private army of 10,000 soldiers. The VOC
assumed many of the functions of the
government of the Netherlands, including
minting coins, which circulated wherever the
Dutch settled or traded.
Manhattan was discovered in 1609 (believe it
or not, on September 11, 1609) by Henry
Hudson, commander of the VOC ship, the Half
Moon. The province of New Netherland (which
later became the State of New York) was
created in 1624. Its capital was New
Amsterdam, which lay on the southern tip of
Manhattan— “purchased” from the Indians by
Peter Minuit for $24 in trade goods. Of
course, the Indians had no concept of land
ownership, and only later discovered what
the Dutch had in mind when they were handing
out trinkets. Because the Dutch were
instrumental in the early development of New
York, Dutch coinage joined the Spanish,
Portuguese, and British coins that were used
for daily transactions all over the American
colonies. One of the coins used in old New
York was the VOC copper duit, now popularly
known as the “original New York penny.”
These coins are all in Very Fine condition
for the type, with nice clear dates ranging
from the 1710’s to the 1790’s, which makes
them all over 310 years old. This is a
terrific opportunity to acquire some
interesting examples of an important early
American colonial coin type — at an extremely
low price. |