Catalog
10 Gulden
| Issuer | De Nederlandsche Bank |
|---|---|
| Year | 1914 |
| Type | Standard circulation banknote |
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| Obverse description | Red on green guilloche underprint. The face is framed by an elaborate red ornamental border with foliate cornerpieces and interlocking scrollwork. The issuing authority name, series designation, and serial numbers appear across the upper register, with the denomination TIEN GULDEN in large letterpress text at centre; the issue date and place appear below. Two manuscript signatures — those of the Secretary and the President — occupy the lower centre, with their respective titles printed above. |
|---|---|
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| Reverse lettering | TIEN GULDEN Het in voorraad hebben of binnen het rijk, in Europa, invoeren van valsche Nederlandsche Bankbiljetten met het oogmerk om ze als echt uit te geven, wordt gestraft met gevangenisstraf van ten hoogste zeven jaren. (Wetb. van strafrecht, art. 232.) (Translation: Ten Gulden. Having in stock or importing into the Kingdom, in Europe, counterfeit Dutch Banknotes with the intent of passing them as genuine, is punishable by a prison sentence of at most seven years. (Criminal Code, art. 232.)) |
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| Comments |
The P#28 10 Gulden was authorized under the emergency currency legislation passed in August 1914, as the Netherlands — formally neutral — faced the same financial panic that gripped every European economy in the opening weeks of the war. Gold hoarding and a run on banks prompted De Nederlandsche Bank to issue large quantities rapidly; over twelve million of these notes were printed, an unusually high figure for the period.
Heavy circulation took a toll on survivorship. High-grade examples are considerably harder to locate than the print run suggests.