1 Duit 1796

By 1796, the VOC was effectively bankrupt and operating on borrowed time — the Dutch government nationalized its remaining assets on January 1, 1800, after over 150 years of chartered operations. These late tin duits were struck for circulation in the company's Asian territories at a moment when the organization issuing them had already lost control of many of those same territories to British forces during the French Revolutionary Wars. The tin composition was a cost-cutting measure long established in VOC coinage for the Eastern trade, where copper and silver were more tightly managed.