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| Issuer | Netherlands Ministry of Finance |
|---|---|
| Year | 1918-1920 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | Serie LR - No 016520 WETTIG BETAALMIDDEL - KONINKRIJK DER NEDERLANDEN ZILVERBON Groot TWEE EN EEN HALVE GULDEN Wordt ter betaling aangenomen door De Nederlandsche Bank en aan alle Rijkskantoren. Inwisselbaar in zilver na aankondiging. Geregistreerd - 1 October 1920 De Agent van het Ministerie van Financiën - De Minister van Financiën (Translation: Legal Tender - Kingdom of the Netherlands Silver Voucher Two and a Half Gulden Accepted for payment by The Dutch Bank and all government offices. Redeemable in silver after announcement. Registered - 1 October 1920 The Agent of the Ministry of Finance - The Minister of Finance) |
| Reverse description | The reverse mirrors the obverse border design, with a broad blue-green guilloche frame enclosing diamond and geometric motifs and the denomination '2.50' repeated in large numerals at each corner. A central rectangular panel in blue-green carries the anti-counterfeiting warning text and the legal tender inscription. |
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| Comments |
The Zilverbons — silver vouchers — were introduced in 1917 as an emergency measure after hoarding stripped the Netherlands of its silver coinage within the first years of the war. The 2½ Gulden denomination replaced the familiar silver rijksdaalder, and the government made these notes legally redeemable in silver, a promise it quietly walked back as bullion reserves tightened. By 1920 the redemption guarantee had become essentially theoretical.
The Ministry of Finance issued directly, bypassing De Nederlandsche Bank entirely — an unusual arrangement that reflected how quickly the wartime monetary situation had overtaken normal institutional channels.