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10 Gulden Coin Note

Issuer Nederlandsche Bank
Year 1878-1892
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Composition Paper
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Obverse description Red-brown letterpress on cream paper within an elaborate foliate scrollwork border incorporating figural vignettes at the sides and the Dutch Royal Arms as the central vignette at the top. The title 'MUNT-BILJET / TIEN GULDEN' is set in bold letterpress at centre, with the payment clause, date, and place of issue in smaller text below; serial number cartouches occupy the upper left and right corners, denomination numerals '10' appear in circular medallions at lower left and right. The inscription 'KONINGRIJK DER NEDERLANDEN' is rendered in a decorative panel at the foot of the note.
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Reverse description Dark brown and blue-brown letterpress on cream paper, the reverse carries a dense geometric guilloche underprint of repeating diamond and star motifs across the entire field within a ruled border. A large sunburst medallion at centre encloses the numeral '10' in ornate script, surrounded by a beaded inner ring and a scalloped outer frame. Two horizontal text panels flank the central medallion, carrying printed legal text in small letterpress type.
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The Nederlandsche Bank's earliest Pick-listed notes, these gulden coin notes took their informal name from their explicit backing by specific silver coinage held in reserve — a design philosophy rooted in the Dutch public's persistent distrust of unbacked paper following the financial turbulence of the Napoleonic period. The bank had been refounded in 1814 precisely to stabilize that relationship between paper and metal.

Over a fourteen-year run, 12,175,000 were printed — a substantial volume that nonetheless leaves relatively few survivors today, as worn examples were systematically withdrawn and destroyed per the bank's strict redemption policy throughout the 1890s.