25 Gulden William the Silent, of Orange

Pick 36 occupies an unusual position in Dutch monetary history: the design dates to the early 1920s, but this example carries a print date of 30 April 1945 — the day Adolf Hitler died in Berlin, and the same week that most of the western Netherlands was still under German occupation. De Nederlandsche Bank had been operating under severe constraints since 1940, with note production partially redirected and monetary policy effectively compromised by the occupying administration.

Notes printed in the final days of April 1945 would have entered circulation during or immediately after the Liberation, raising genuine questions about whether specific print runs were ever formally issued or simply absorbed into post-war currency normalization. The 1945-dated examples of this series deserve closer attention than they typically receive.