NETHERLANDS, Kingdom. Trade coinage. AV Ducat (20mm, 3.49 g, 12h). Utrecht mint; muntmeestertekens: seahorse and winged caduceus. Dr. C. Hoitsema, mintmaster. Dated 1923. KM 83.1; Y 15; Schulman 774. In NGC encapsulation graded MS 63. Scarce date. Only coin ever graded.
Purchased from M. Louis Teller, November 1992.