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5 Gulden Silver Voucher

Issuer Ministry of Finance, Netherlands
Year 1914
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Composition Paper
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Obverse lettering Serie 32 WETTIG BETAALMIDDEL - KONINKRIJK DER NEDERLANDEN ZILVERBON Groot VIJF GULDEN Wordt ter betaling aangenomen door de Nederlandsche Bank en aan alle Rijkskantoren. Inwisselbaar in zilver na aankondiging. Geregistreerd - 7 augustus 1914 De agent van het Ministerie van Financiën - De Minister van Financiën Het namaken of vervalschen van zilverbons met het oogmerk om die als echt en onvervalscht uit te geven of te doen uitgeven wordt gestraft met gevangenisstraf van ten hoogste negen jaren.
(Translation: Series 32 Legal Tender - Kingdom of the Netherlands Silver Voucher Five Gulden Accepted for payment by The Dutch Bank and all government offices. Redeemable in silver after announcement. Registered - August 7th, 1914 The agent of the Ministry of Finance - The Minister of Finance Counterfeiting or falsifying silver vouchers for the purpose of issuing it or have it issued as genuine and unadulterated is punishable by up to nine years' imprisonment.)
Reverse description Uniface note; the reverse is completely unprinted, presenting plain off-white paper with no design, lettering, or security elements.
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The Dutch government introduced these silver vouchers in August 1914 as an emergency measure when the outbreak of war caused an immediate hoarding crisis — silver coin vanished from circulation within days. The Ministry of Finance authorized this paper substitute to fill the gap left by disappearing specie, backed by silver reserves but issued in lieu of coin rather than through De Nederlandsche Bank's normal note channels, which is why it carries a Finance Ministry imprimatur rather than a central bank one.

The print run of over twelve million was substantial for such a compact emergency instrument, reflecting how severe the coin shortage became in those first weeks of the war.

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