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40 Gulden

Issuer Nederlandsche Bank
Year 1814-1862
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Value 40 Gulden (40 NLG)
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Obverse description Printed in red on plain paper, the note carries typeset text stating the promise to pay the bearer forty guilders on demand, with the denomination expressed in words. Early issues within this series bear the value written by hand, while later issues have the full value typeset; eight distinct types were issued across the 1814–1862 period. The layout is entirely textual, with the issuing institution name, place, date, denomination numeral, and official titles of the President, Director, and Secretary arranged in a formal letterpress composition.
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Reverse description The reverse is unprinted and bears multiple handwritten annotations in ink, including what appears to be endorsement or transfer notations with a date of 11 January 1905, along with several cursive signatures. The note has been cancelled by punch-hole perforation across the face.
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Comments

The Nederlandsche Bank was established by royal decree of Willem I in 1814, and this 40 Gulden note belongs to the bank's earliest circulating series — a denomination that has no equivalent in any later Dutch issue. The choice of 40 Gulden reflects a transitional monetary arithmetic, bridging older Dutch accounting conventions before the guilder system fully standardized around rounder values.

Enschedé in Haarlem has printed Dutch banknotes almost without interruption since the bank's founding. The nearly five-decade span of this type — 1814 to 1862 — suggests the design was reissued across multiple print runs with minimal alteration, a common cost-saving practice for low-circulation high-denomination paper.

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