Dutch rijksdaalder explained

The rijksdaalder (Dutch, "Imperial dollar") was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire (weighing 29.232 grams of 0.889 fine silver) but weighed slightly less, at 29.03 g (448 grains) of 0.885 fine silver, reduced to 0.875 fine by the 17th century.[1] [2] Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century.

17th century rijksdaalder was set to be equal to from 48 to 50 stuivers (the Dutch equivalent of shillings) and circulated along with silver florins (28 stuivers), daalders (30 stuivers), leeuwendaalders (36 to 42 stuivers; 27.68 g, 0.743 fine), silver ducats (48 stuivers; 28.06 g, 0.868 fine), and ducatons (60 stuivers; 32.46 g, 0.938 fine)[3] silver ducats and rijksdaalders were almost of the same size and quality. With the disappearance of the original armored half bust rijksdaalder design, silver ducats and later guilders started to be called rijksdaalders.

Unification of the Dutch monetary system in the beginning of the 18th century introduced guilder and set rijksdaalders and silver ducats at guilders. Following decimalization (in 1816), -guilder coins were no longer produced because a 3-guilder coin was thought to better fit in the series of denominations. This turned out to be a mistake (due to the high silver price) and from 1840 onward -guilder coins were produced again. Production stopped in 2002 due to the introduction of the euro. -guilder coins continued to be called by their nicknames rijksdaalder, riks, and knaak until the introduction of the euro.

The Royal Dutch Mint still mints a silver ducat "rijksdaalder" to this day.[4]

Mintage since 1840

These are mintage figures for the 2-guilder denomination until introduction of the euro in 2002. It excludes the silver ducat which is still minted as a numismatic product even after 2002.

YearMintageMintMint marksMonarchNotes[5]
184044,409UtrechtUtrecht Mint, privy markWilliam IDiameter: 38mm; silver content: 94.5%
184153,542UtrechtUtrecht Mint, privy markWilliam II
18421,009,807UtrechtUtrecht Mint, privy mark
1843642,659UtrechtUtrecht Mint, privy mark
1844278,535UtrechtUtrecht Mint, privy mark
18453,928,381UtrechtUtrecht Mint, privy mark
18463,629,712UtrechtUtrecht Mint, privy mark
18479,465,005UtrechtUtrecht Mint, privy mark
18488,333,000UtrechtUtrecht Mint, privy mark
18492,049,000UtrechtUtrecht Mint, privy mark
439,307UtrechtUtrecht Mint, privy markWilliam III
18505,008,210UtrechtUtrecht Mint, privy mark
18513,647,493UtrechtUtrecht Mint, privy mark
18524,547,764UtrechtUtrecht Mint, privy mark
1853234,128UtrechtUtrecht Mint, privy mark
18544,334,526UtrechtUtrecht Mint, privy mark
18552,082,046UtrechtUtrecht Mint, privy mark
1856909,345UtrechtUtrecht Mint, privy mark
18573,353,072UtrechtUtrecht Mint, privy mark
18588,357,486UtrechtUtrecht Mint, privy mark
18594,306,594UtrechtUtrecht Mint, privy mark
1860847,104UtrechtUtrecht Mint, privy mark
1861876,003UtrechtUtrecht Mint, privy mark
18623,304,118UtrechtUtrecht Mint, privy mark
186350,652UtrechtUtrecht Mint, privy mark
18642,033,644UtrechtUtrecht Mint, privy mark
18652,287,612UtrechtUtrecht Mint, privy mark
18663,652,608UtrechtUtrecht Mint, privy mark
18674,984,886UtrechtUtrecht Mint, privy mark
18684,040,021UtrechtUtrecht Mint, privy mark
18695,046,192UtrechtUtrecht Mint, privy mark
18706,639,847UtrechtUtrecht Mint, privy mark
18716,875,035UtrechtUtrecht Mint, privy mark
187213,416,378UtrechtUtrecht Mint, privy mark
18735,515,073UtrechtUtrecht Mint, privy mark
187412,795,726UtrechtUtrecht Mint, privy mark
1875–1897: No rijksdaalders minted
1898100,000UtrechtUtrecht Mint, privy markWilhelmina
1899–1928: No rijksdaalders minted
19294,400,000UtrechtUtrecht Mint, privy markSilver content reduced to 72.0%
193011,600,000UtrechtUtrecht Mint, privy mark
19314,720,000UtrechtUtrecht Mint, privy mark
19326,000,000UtrechtUtrecht Mint, privy mark
19333,560,000UtrechtUtrecht Mint, privy mark
1934–1936: No rijksdaalders minted
19374,000,000UtrechtUtrecht Mint, privy mark
19382,000,000UtrechtUtrecht Mint, privy mark
19393,760,000UtrechtUtrecht Mint, privy mark
19404,640,000UtrechtUtrecht Mint, privy mark
1941–1942: No rijksdaalders minted
19432,000,000DenverLetter D, privy mark
1944–1958: No rijksdaalders minted
Juliana
19597,200,000UtrechtUtrecht Mint, privy markDiameter reduced to 33mm
196012,800,000UtrechtUtrecht Mint, privy mark
196110,000,000UtrechtUtrecht Mint, privy mark
19625,000,000UtrechtUtrecht Mint, privy mark
19634,000,000UtrechtUtrecht Mint, privy mark
19642,800,000UtrechtUtrecht Mint, privy mark
1965: No rijksdaalders minted
19665,000,000UtrechtUtrecht Mint, privy mark
1967–1968: No rijksdaalders minted
196915,720,000UtrechtUtrecht Mint, privy markSilver content removed. Diameter reduced to 29mm
197022,000,000UtrechtUtrecht Mint, privy mark
19718,000,000UtrechtUtrecht Mint, privy mark
197220,000,000UtrechtUtrecht Mint, privy mark
1973–1977: No rijksdaalders minted
19785,000,000UtrechtUtrecht Mint, privy mark
19795,000,000UtrechtUtrecht Mint, privy markUnion of Utrecht circulating commemorative
198037,300,000UtrechtUtrecht Mint, privy mark
30,500,000UtrechtUtrecht Mint, privy markAbdication circulating commemorative
1981: No rijksdaalders mintedBeatrix
198214,300,000UtrechtUtrecht Mint, privy mark
19833,800,000UtrechtUtrecht Mint, privy mark
19845,200,000UtrechtUtrecht Mint, privy mark
19853,100,000UtrechtUtrecht Mint, privy mark
19865,800,000UtrechtUtrecht Mint, privy mark
19872,500,000UtrechtUtrecht Mint, privy mark
19886,800,000UtrechtUtrecht Mint, privy mark
19894,000,000UtrechtUtrecht Mint, privy mark
19901,000,000UtrechtUtrecht Mint, privy mark
1991400,000UtrechtUtrecht Mint, privy mark
1992400,000UtrechtUtrecht Mint, privy mark
1993400,000UtrechtUtrecht Mint, privy mark
1994420,000UtrechtUtrecht Mint, privy mark
1995150,000UtrechtUtrecht Mint, privy mark
1996150,000UtrechtUtrecht Mint, privy mark
1997180,000UtrechtUtrecht Mint, privy mark
1998200,000UtrechtUtrecht Mint, privy mark
1999240,000UtrechtUtrecht Mint, privy mark
2000300,000UtrechtUtrecht Mint, privy mark
2001600,000UtrechtUtrecht Mint, privy mark
2002noneDiscontinued due to introduction of the euro.

Former colonies

The Dutch rijksdaalder or the local versions of the -guilder coin (or paper) were circulating in Dutch East India from 1602 until 1949. In this year the Netherlands Indies gulden was replaced by the Indonesian rupiah.

The Netherlands United East India Company (VOC) issued the rijksdaalder in the Cape Colony in the 17th century. The Dutch monetary system overseas of a rijksdaalder – or rixdollar – of 48 stuiver was continued in the Cape Province by the British in the early nineteenth century.

In Ceylon, the VOC issued coins during the 18th century in denominations of and 1 duit,, 1, 2 and stuiver and 1 rijksdaalder. The currency derived from the Dutch rijksdaalder, although again the Dutch rijksdaalder was worth 50 stuiver and the Ceylon version 48 stuiver. After the British took over Ceylon and the rixdollar was the currency of Ceylon until 1828. The rixdollar was then replaced by the British pound at a rate of 1 rixdollar = 1 shilling 6 pence (£1 = rixdollars).

In Suriname the Surinamese Rijksdaalder circulated until 2004, when the Surinamese guilder was replaced by the Surinamese dollar. In the former Netherlands Antilles the rijksdaalder circulated until 2011. In that year the Netherlands Antillean guilder will be replaced by the American dollar and the Caribbean guilder.

Similar coins

The similarly named Reichsthaler, riksdaler and rigsdaler were used in Germany and Austria-Hungary, Sweden, Denmark, and Norway, respectively.

The dollar is named after the Dutch daalder, the little brother of the rijksdaalder, with a value of 30 stuiver.

Notes and References

  1. Book: Shaw, William Arthur . The History of Currency, 1252-1894: Being an Account of the Gold and Silver Moneys and Monetary Standards of Europe and America, Together with an Examination of the Effects of Currency and Exchange Phenomena on Commercial and National Progress and Well-being . 1896 . Putnam . en.
  2. Web site: Rix Dollar - Introduction. coins.nd.edu. 2019-03-21. 2018-04-05. https://web.archive.org/web/20180405000957/https://coins.nd.edu/ColCoin/ColCoinIntros/Rix-Dollar.intro.html. live.
  3. Web site: Lion Dollar - Introduction. coins.nd.edu. 2019-03-21. 2018-07-10. https://web.archive.org/web/20180710214930/https://coins.nd.edu/ColCoin/ColCoinIntros/Lion-Dollar.intro.html. live.
  4. Web site: Koninklijke Nederlandse Munt - Officieel producent van de Nederlandse munten. www.knm.nl. 2019-03-21. 2023-08-04. https://web.archive.org/web/20230804080727/https://www.knm.nl/. live.
  5. Web site: Nomisma, de website voor munten verzamelaars. Met o.a. een online catalogus van alle Nederlandse munten.. www.nomisma.nl. 2010-08-01. 2011-07-24. https://web.archive.org/web/20110724162356/http://www.nomisma.nl/catalogus.php?cid=10445. live.