Dutch "VOC" Copper Duit Ring Sterling
- Description
Sterling silver ring with bezel set Dutch Copper Duit coin. The top of the ring is 23mm x 25mm on a shank that flares from 3mm at the top to 7.5mm at the base. Stock size 9.5 can be altered. Coin circa 1748 AD
This coin is often referred to as the "first New York Penny". Thery were produced by the Dutch East India Company for use in the spice trade. At the peak of this company's history they employed 36,000 people facilitating trade from Asia and the East. The coins were minted in the Netherlands and used by the company for trade in the Dutch colonies and around the world. They are still found in Dutch VOC shipwreck sites and former VOC colonies.
The Dutch East India Company, often referred to as the VOC, the acronym of the comany's name in Dutch (Vereenigde Oostindische Compagnie), was established by the States-General of the Netherlands in 1602. It is considered the first multinational corporation and was initiated to fulfill colonial trade activities in Asia. Not only was the VOC the first entity to issue stock, it also had the power to wage war, negotiate treaties, establish colonies and mint coins. The VOC coins were most widely circulated in the Netherlands and their South Asian colonies but also became so well established in New Amsterdam, later New York, that they were used even after Duch authority had passed.
SKU:
H-R93A_C-SS051
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