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10 Gulden Coin Note
| Issuer | Netherlands Ministry of Finance |
|---|---|
| Year | 1849 |
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| Currency | Gulden (decimalized, 1817-2001) |
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| Obverse description | Printed in blue on white paper, the note is framed by a continuous decorative border of interlocking geometric and foliate guilloche ornaments, with the denomination numeral '10' repeated in each corner. A boxed upper-left panel carries a legislative notice regarding the transfer of nominal gold value to the Dutch Bank under the Law of 17 September 1849, while the central text area bears the bold letterpress legends 'MUNT-BILJET' and 'Groot Tien Gulden' above the statutory issuance text. The lower portion carries the manuscript date '15 October 1849', handwritten signatures of the Minister of Finance and a registrar, and a manuscript denomination registration entry. |
|---|---|
| Obverse lettering | De nominale Waarde in Goud door de NEDERLAND- SCHE BANK overgenomen, ingevolge Art. 3 der WET van den 17den September 1849, Staatsblad No. 46. No 130407 - TIEN GULDEN MUNT - BILJET Groot TIEN GULDEN. Uitgegeven ingevolge de Wet van den 17den September 1849, Staatsblad No. 46; zijnde de nominale WAARDE in Goud bij de Nederlandsche Bank overgebragt. Zegge f 10-- - `s Gravenhage 15 October 1849 Geregistreerd - De Minister van Financien Geregistreerd voor TIEN GULDEN Register Lett. D. Fo. WET van 17 September 1849. (Translation: The nominal value in Gold adopted by the Dutch Bank, pursuant to Art. 3 of the Law of September 17th 1849, Official Gazette No. 46 No 130407 - Ten Gulden Coin Note Ten Gulden. Issued pursuant to the Law of September 17th 1849, Official Gazette No. 46; being the nominal Value in Gold transferred to the Dutch Bank. Say f 10-- - `s Gravenhage October 15th 1849 Registered - The Minister of Finance Registered for Ten Gulden Register Lett. D. Fo. Law of September 17th 1849.) |
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| Comments |
The Dutch "muntbiljet" series of 1849 occupies an unusual institutional position: these notes were issued by the Ministry of Finance rather than De Nederlandsche Bank, making them direct obligations of the state treasury rather than a central banking institution. The distinction mattered legally and commercially — merchants who distrusted paper banking instruments were at least dealing with a government debt instrument backed by coin reserves held in the state's name.
The term "coin note" (muntbiljet) was not decorative — these notes were theoretically redeemable one-for-one against silver coinage, a promise that shaped their reception in trade but also made them vulnerable whenever coin reserves came under pressure.