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NYINC Signature Sale 3071  6-7 Jan 2019
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Lot 34139

Estimate: 30 000 USD
Price realized: 46 000 USD
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Brazil
Pernambuco. Dutch Colony - Geoctroyeede West-Indische Compagnie (GWC) gold Klippe 12 Guilders (Florins) 1646 MS62 NGC, Scholten-1447. 7.50gm. A superb example of occupation coinage struck by the Dutch issuer Geoctroyeede West-Indische Compagnie, this gold 12 Florin klippe features the denomination in Roman Numerals (XII) above the entwined monogram GWC. The reverse text reads ANNO / BRASIL (rhombus) / 1646. Beautifully lustrous with hints of rose color and impressive detailing for an emergency issue that was struck during Dutch occupation (1624-1661). Of great importance within Brazilian and Dutch numismatics, and a coin that is rarely offered in the marketplace.

During the years of 1645 and 1646 three denominations of gold coins were issued (3, 6, and 12 Florins), all of which show the monogram of the Dutch West Indies Company, and all of which are extremely rare. In 2011 when offering the issues of 1646, we wrote: The important fact is that coins struck in Brazil were not legal tender in Holland, and any coins coming back to Europe had to be exchanged for Dutch Guilders, (and this is why the Brazilian issue was referred to as the Brazilian Ducat) and subsequently were melted. In the colony, any Portuguese or Brazilian found with a Dutch coin ran the risk of being considered a traitor, and hanged. So any coins staying behind in Brazil would have been melted after 1654 when the Dutch were finally ousted from South America. The fact is that very few coins remain of both dates, and all three denominations.
Selections from the Paulistana Collection

HID02901242017

Estimate: 30000-50000 USD
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