10 Gulden - Wilhelmina

Wilhelmina's gold gulden issues were struck against a backdrop of Dutch neutrality during the First World War — a politically delicate position that kept the Netherlands trading with both sides and, critically, kept its gold reserves intact longer than most European nations. The Nederlandsche Bank maintained convertibility well into the war years, making these coins functional monetary instruments rather than merely nominal ones.

Production ceased in 1923 as the Netherlands, like most Western economies, moved away from gold circulation coinage following postwar monetary restructuring. The 1912 and 1913 dates tend to carry the strongest mintage figures within the series.