Heritage World Coin Auctions
ANA Signature Sale 3075 15 Aug 2019
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Brazil
Pernambuco. Dutch Colony - Geoctroyeede West-Indische Compagnie (GWC) gold Klippe 12 Guilders (Florins) 1646 AU (Altered Surfaces), LMB-6, Scholten-1447. 7.56gm. 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. Though signs of surface alteration are evident, the wear, if any exists, is exceedingly light. This allows this great rarity to retain a similarly detailed expression of its design as compared to the day it was minted well over three centuries ago.
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. 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, meaning that any coins remaining in Brazil would have been melted after 1654 when the Dutch were finally ousted from South America.
https://coins.ha.com/itm/brazil/brazil-pernambuco-dutch-colony-geoctroyeede-west-indische-compagnie-gwc-gold-klippe-12-guilders-florins-1646-a/a/3075-32095.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 15000-25000 USD
Pernambuco. Dutch Colony - Geoctroyeede West-Indische Compagnie (GWC) gold Klippe 12 Guilders (Florins) 1646 AU (Altered Surfaces), LMB-6, Scholten-1447. 7.56gm. 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. Though signs of surface alteration are evident, the wear, if any exists, is exceedingly light. This allows this great rarity to retain a similarly detailed expression of its design as compared to the day it was minted well over three centuries ago.
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. 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, meaning that any coins remaining in Brazil would have been melted after 1654 when the Dutch were finally ousted from South America.
https://coins.ha.com/itm/brazil/brazil-pernambuco-dutch-colony-geoctroyeede-west-indische-compagnie-gwc-gold-klippe-12-guilders-florins-1646-a/a/3075-32095.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 15000-25000 USD