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40 Gulden Stadtholder Maurits of Orange

Issuer De Nederlandsche Bank
Year 1923-1927
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Value 40 Gulden (40 NLG)
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Obverse description Printed in green, the obverse carries a vignette of Mercury seated at left, with a portrait of Prince Maurits of Orange at top center and a galleon at right. A reproduction of Jacob Maris's painting 'Schreierstoren in Amsterdam' forms the bottom center vignette, framed by fine guilloche border work throughout.
Obverse lettering DE NEDERLANDSCHE BANK BETAALT AAN TOONDER VEERTIG GULDEN 40
(Translation: The Bank of the Netherlands pays to the bearer Forty Gulden 40)
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Comments

Pick 37 is one of the more awkward entries in Dutch monetary history. Designed and printed in the 1920s, these notes were still technically in circulation when the Netherlands was occupied, which made them a liability — the Germans systematically drained Dutch currency reserves, and older high-denomination guilder notes of this type passed freely through that mechanism. The printing date of 30 April 1945 is striking: that is the day Hitler died, and two days before Amsterdam's liberation.

Notes dated that late in the war were almost certainly printed for post-liberation monetary stabilization rather than wartime issue.

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