Biga Numismatics

Online Auction 34  –  27 October 2024

Biga Numismatics, Online Auction 34

Greek, Roman, Byzantine, Medieval and Islamic Coins, Antiquities

Su, 27.10.2024, from 7:00 PM CET
The auction is closed.

Description

NETHERLANDS.Holland.Leeuwendaalder.

Condition : Very fine.

Material : Moderate wear but retains detail, nice patina.Very fine.
Axis : 12h

Weight : 13.39 gr
Diameter : 32 mm

The Holland Leeuwendaalder, also known as the Lion Daalder, is one of the most iconic and widely recognized coins in Dutch history, originating from the Netherlands during the 16th and 17th centuries. It was first minted in 1575 in the province of Holland, one of the most prominent and economically prosperous provinces of the Dutch Republic. The coin is notable for its widespread use in international trade and its influence on other currencies, particularly in the New World.

The name Leeuwendaalder comes from the Dutch words "leeuw," meaning lion, and "daalder," a term used for large silver coins. The coin's name reflects its design, which prominently features a lion on its obverse. On this side of the coin, a standing lion is shown holding a shield, representing the coat of arms of the province of Holland. This design became a powerful symbol of Dutch independence and resilience, particularly during the Dutch Revolt against Spanish rule in the late 16th century.

The reverse of the Leeuwendaalder typically depicts a knight in armor, a common symbol of strength and protection in European heraldry. The knight is often shown holding a sword and a shield, reinforcing the themes of power and defense. Around the knight, inscriptions in Latin are commonly found, usually referring to the issuing authority and the coin's value.

One of the key reasons the Holland Leeuwendaalder became so influential is its role in international trade. The coin’s relatively high silver content and consistent weight made it a reliable medium of exchange, especially in markets where local currencies were less stable or varied widely in quality. It was widely circulated not only in Europe but also in the Ottoman Empire, the Middle East, and the Americas. In fact, the Lion Daalder is considered one of the forerunners of the American dollar, as its widespread use in Dutch colonies in the New World, particularly New Amsterdam (now New York), helped establish the term "dollar" from "daalder."

The success of the Holland Leeuwendaalder can be attributed to several factors. Firstly, it was produced by one of the leading economic powers of the time, the Dutch Republic, which dominated global trade during the 17th century. The Dutch merchant fleet was vast, and their control over key trading routes allowed Dutch currency to become one of the most trusted and recognized forms of payment worldwide.

Secondly, the high quality and purity of the silver in the Leeuwendaalder contributed to its popularity. Unlike other coins that were prone to debasement, the Lion Daalder maintained a stable silver content, making it a reliable store of value. This consistency was crucial for international traders who needed a trustworthy currency for transactions that crossed borders and spanned long distances.

Over time, the Holland Leeuwendaalder influenced the creation of other similar coins. In various parts of Europe, the lion motif and the coin’s design were imitated by other mints, further spreading its influence. In the Americas, the Lion Daalder became an accepted form of currency in trade, and its name evolved into "dollar," which would later be adopted by the United States for its national currency.

Despite its widespread use, the production of the Leeuwendaalder began to decline in the mid-17th century as other currencies started to emerge and dominate trade. However, its legacy as a trusted and widely circulated coin remained significant, especially in the history of global commerce and currency development.

In conclusion, the Holland Leeuwendaalder, or Lion Daalder, was not just a coin but a symbol of Dutch economic power and resilience during the 16th and 17th centuries. Its high silver content, distinctive lion design, and role in international trade made it one of the most important coins of its time. Its influence on the development of the American dollar and its role in shaping global trade systems cement its place as a key artifact of monetary history.

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Bidding

Price realized 100 EUR 13 bids
Starting price 5 EUR
Estimate 25 EUR
The auction is closed.
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