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Gulden 'Postulaatgulden'

Issuer City of Groningen
Year 1503-1506
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Weight 1.99 g
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Reverse description The heraldic arms of Groningen displayed on a shield within a trefoil or trilobate frame, itself enclosed by a beaded inner circle. The shield bears the characteristic Groningen civic arms in Gothic style, with ornamental detail typical of late medieval Low Countries coinage. A circular Latin legend surrounds the entire design, proclaiming this as the new gold coinage of Groningen.
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Reverse lettering ✥ MONET`⋆ NOVA⋆ AVREA⋆ GRONI
(Translation: New gold coinage of Groningen)
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Additional information

Groningen struck these gulden during the years it was actively seeking a new bishop for the diocese of Utrecht — the term "postulaatgulden" referring directly to the ecclesiastical postulation process, whereby a candidate required papal dispensation before appointment. The city issued coinage in this window partly to assert civic authority during the prolonged vacancy and the political maneuvering that surrounded it.

Electrum at this period was not an accidental alloy. The deliberate gold-silver mix placed this issue in a middle register between the pure gold rijnsgulden and lesser silver coinage, a practical hedge against metal price volatility in the northern Netherlands markets.

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