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1/2 3 Gulden Gold, 5 ducat weight

Issuer Province of Holland (Dutch Republic)
Year 1694-1698
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Currency Gulden (1581-1795)
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Obverse script Latin
Obverse lettering MO : ARG : ORD : FÆD : BELG : HOLL : 1/2 3GL
(Translation: Silver coinage of the United Provinces of the Netherlands, Holland)
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Additional information

The Province of Holland struck these heavy gold multiples during a period when the Dutch Republic was financing William III's wars against Louis XIV — the Nine Years' War consumed extraordinary sums, and large-denomination gold issues served primarily as bullion instruments for international payments and military subsidies rather than everyday commerce. At five ducats' weight, these pieces circulated among merchants and treasury agents, not in any market or toll booth.

The short striking window of 1694–1698 aligns precisely with the final phase of that conflict, ending with the Treaty of Ryswick in 1697.

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