1 Daalder 'Leeuwendaalder' Holland arms, BEL DAVENTR

Deventer held the unusual right to strike leeuwendaalders under a privilege granted by the States General, despite being a city rather than a sovereign province. The "BEL DAVENTR" legend reflects this civic issuing authority — a deliberate distinction from provincial emissions. These pieces circulated extensively in the Levant and Baltic trades, where the leeuwendaalder was trusted currency regardless of who had struck it, provincial or municipal.

The Holland arms on a Deventer issue is the telling detail: the city used the more commercially recognized Holland type to ensure acceptance abroad rather than asserting local heraldry.