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1/2 Stuiver

Issuer City of Nijmegen (Dutch Republic)
Year 1602-1603
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Value 1/2 Stuiver (1⁄40)
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Reverse description A long ornate cross with a central shield bearing the city arms of Nijmegen occupies the field, its arms extending to divide a beaded inner circle. A single letter appears in each of the four angles formed by the cross. The circular Latin legend, divided by the cross terminals, runs between the beaded inner circle and the outer rim, conveying a devotional inscription in the Reformed tradition.
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Edge Plain
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Additional information

Nijmegen struck these billon pieces during a period of acute financial pressure in the Dutch Revolt, when the city's municipal authorities resorted to issuing their own small-denomination coinage to address a chronic shortage of petty currency. The Spanish siege economy had disrupted normal coin supply across Gelderland, and towns throughout the province were improvising.

The two-year production window almost certainly reflects a stop-gap measure rather than a sustained policy — once provincial and States-General coinage normalized, municipal billon issues like this one became redundant and were quickly pulled from circulation, which accounts for the relative difficulty in finding well-preserved survivors today.

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