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1 Gulden Silver Voucher

Issuer Ministry of Finance, Netherlands
Year 1914
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Reference(s) P#4
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Obverse lettering Serie 48
WETTIG BETAALMIDDEL.
KONINKRIJK DER NEDERLANDEN.
ZILVERBON
Groot ÉÉN GULDEN.
Wordt ter betaling aangenomen door De Nederlandsche Bank en aan alle Rijkskantoren.
Inwisselbaar in zilver na aankondiging.
7 Augustus 1914.
Geregistreerd
De Agent van het Ministerie van Financiën
De Minister van Financiën
Het namaken of vervalschen van zilverbons met het oogmerk om die als echt en onvervalscht uit te geven of te doen uitgeven wordt gestraft met gevangenisstraf van ten hoogste negen jaren.
(Translation: Legal Payment. Kingdom of the Netherlands. Silver Voucher. One Gulden. Accepted for payment by The Dutch Bank and all government offices. Redeemable in silver after announcement. 7 August 1914. Registered. The Agent of the Ministry of Finance. The Minister of Finance. Counterfeiting or falsifying silver vouchers for the purpose of issuing or having them issued as genuine and unadulterated is punishable by up to nine years imprisonment.)
Reverse description The reverse is unprinted, showing plain cream-coloured paper with show-through of the obverse text and guilloche underprint visible in mirror image. Fold lines and minor toning are consistent with circulation use.
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The 1 Gulden Silver Voucher of 1914 was an emergency measure, rushed into circulation when the outbreak of World War One triggered an immediate hoarding of silver coins across the Netherlands. The public pulled hard coin out of commerce almost overnight, and the Ministry of Finance responded by issuing these small paper notes as direct substitutes — theoretically redeemable for silver but practically functioning as a replacement for it.

The printing run of over twelve million is substantial, and worn survivors are common. Uncirculated examples are a different matter; the small size accelerated wear, and many saw heavy daily use before the silver coinage situation stabilised.

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