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2 1/2 Gulden - Juliana
| Issuer | Royal Dutch Mint (Koninklijke Nederlandse Munt) |
|---|---|
| Year | 1959-1966 |
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| Engraver(s) | Ludwig Oswald Wenckebach |
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| Obverse description | Right-facing effigy of Queen Juliana occupying the central field, her hair elaborately dressed with braided curls, floral ornaments, and a decorative comb, rendered in high relief. The portrait is uncrowned and depicts the Queen in a naturalistic, dignified style. The circular legend JULIANA KONINGIN DER NEDERLANDEN runs along the periphery, separated from the effigy by a beaded border. The engraver's initial W appears below the truncation of the bust. The design is the work of Ludwig Oswald Wenckebach. |
|---|---|
| Obverse script | Latin |
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| Additional information |
The 2½ gulden denomination had been struck in .945 silver through the prewar period, but postwar reconstruction pressures and the rising price of silver forced the Dutch government to reduce fineness to .720 for this series beginning in 1959. The composition change was economically driven, not cosmetic — silver prices in the early 1960s were climbing steadily toward the point where the metal value of older coins would exceed face value, and the Netherlands was not alone in making this calculation.
Hoarding of the purer prewar pieces accelerated through this period, which pushed these .720 issues into heavier circulation than their mintages might suggest.