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10 Gulden

Issuer De Nederlandsche Bank
Year 1914
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Value 10 Gulden (10 NLG)
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Reverse description Blue-grey geometric guilloche underprint composed of a repeated diamond-and-cross pattern covering the entire field. A lighter rectangular panel at upper centre bears the denomination TIEN GULDEN in bold serif type, and a smaller text panel below carries the statutory warning against counterfeiting under the Dutch Criminal Code.
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.

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