Catalog
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| Issuer | De Nederlandsche Bank |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Gulden (decimalized, 1817-2001) |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DE NEDERLANDSCHE BANK betaalt aan Toonder TIEN GULDEN Amsterdam, 1 Augustus 1914. UITGIFTE 1 Augustus 1914. (Translation: Bank of the Netherlands pays to the Bearer Ten Gulden Amsterdam, 1 August 1914. Issue 1 August 1914.) |
| Reverse description | Log in to see details |
| Reverse lettering | TIEN GULDEN Het in voorraad hebben of binnen het rijk, in Europa, invoeren van valsche Nederlandsche Bankbiljetten met het oogmerk om ze als echt uit te geven, wordt gestraft met gevangenisstraf van ten hoogste zeven jaren. (Wetb. van strafrecht, art. 232.) (Translation: Ten Gulden. Having in stock or importing into the Kingdom, in Europe, counterfeit Dutch Banknotes with the intent of passing them as genuine, is punishable by a prison sentence of at most seven years. (Criminal Code, art. 232.)) |
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| Comments |
The P#28 10 Gulden was authorized under the emergency currency legislation passed in August 1914, as the Netherlands — formally neutral — faced the same financial panic that gripped every European economy in the opening weeks of the war. Gold hoarding and a run on banks prompted De Nederlandsche Bank to issue large quantities rapidly; over twelve million of these notes were printed, an unusually high figure for the period.
Heavy circulation took a toll on survivorship. High-grade examples are considerably harder to locate than the print run suggests.