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10 Gulden - Wilhelmina 'facing left' Coin note

Issuer Ministry of Finance, Netherlands
Year 1943
Type Standard circulation banknote
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Obverse description Dark blue on light underprint, printed in intaglio. A central oval vignette presents a right-facing portrait of Queen Wilhelmina within fine guilloche ornament, with denomination numerals '10' in the upper corners. The title 'MUNTBILJET' and the statutory Royal Decree inscription are set below the portrait, with the American Bank Note Company imprint at the foot.
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Reverse description Orange-red on pale underprint. The Dutch Royal Coat of Arms — two rampant lions supporting a crowned quartered shield surmounted by a royal crown — occupies the central vignette, with the motto 'JE MAINTIENDRAI' on a ribbon below. Guilloche rosettes bearing the legend 'TIEN GULDEN' flank the arms on either side, denomination numerals '10' appear in the outer corners, and the anti-counterfeiting penal text from the Criminal Code is set in small letterpress beneath the central design.
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Comments

Produced by the American Bank Note Company in New York during the German occupation of the Netherlands, this note was printed for use by the Dutch government-in-exile and intended to re-enter circulation following liberation. The "coin note" designation — muntbiljet in Dutch — gave it a legal status distinct from De Nederlandsche Bank issues, allowing the Ministry of Finance to issue it directly without central bank involvement.

The series is sometimes confused with later postwar reissues. Wartime examples can be distinguished by paper batch characteristics, though attribution requires careful comparison rather than cursory inspection.

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