 |
|
|
|
 |
| |
The
exhibition in the Museum of the BNA tells the
history of money in the Netherlands Antilles starting
with barterdeals and the use of the well known
'quiripa', shells used by Indians, the original
inhabitants of the islands. Colonists from Europe,
among which, the Spanish, Dutch, French, Danish
and English brought their own coins to be used
in the newfound land.
|
|
 |
| |
Curaçao
was, and still is, well known for its harbor
facilities. Ships from Europe and the American
continent used the island and its facilities
to interchange merchandise. The traders also
sold products to the inhabitants of the island.
This led to the use of different currencies.
Because import was higher than export, the island
experienced a shortage of small change. To resolve
this problem, the Governor decided in 1799 to
cut 8,000 Spanish silver pesos (pillar dollars),
each worth 8 'reales', into four pieces, and
to give each quarter part the value of 3 'reales'.
On account of the alleged production method,
these coins received the name of "guillotine",
after the homonymous executioner’s equipment
used in the French revolution. Through time
the name "guillotine' changed to 'guiotin'
and finally to 'yotin'. The meaning and value
have always stayed the same, and so the term
'yotin' is still used to indicate an amount
of 50 cents.
|
|
 |
| |
To
cope with the shortage of small change, around
1880 the families Leyba, Jesurun and Naär
minted their own coins, the Curaçao "Stuiver".
On the obverse side of the coins were the words
"1 stuiver" and on the reverse side
were the abbreviated family names l&C, j&Co.
and N.J.N. respectively.
|
|
 |
| |
One
of the most remarkable coins in the museum collection
is the Golden Joe, named after King John V of
Portugal (1706-1750). This coin, struck in Rio
do Janeiro and introduced in 1722, was a coin
of great value in the 18th century. The coin was
worth 90 'reales' and was therefore only used
for large payments. Because of its high gold value,
people used to file or cut the edges of the coin
to obtain gold. This popular commercial coin was
also counterfeited on a large scale. These counterfeits
contained less gold. When approximately 30,000
inferior Golden Joe's were circulating, the Government
had the good specimens provided with a certificate
of authenticity and an identifying-mark. The local
goldsmith Godhelp Israel Hoyer executed this counterstamp.
The coins were stamped five times on the border
using the letters GI, L, MH and B. On the reverse
side the letter W was stamped. |
|
 |
| |
At
the end of the 18th century separate coins were
struck for circulation in the Dutch West Indies,
namely a 3 guilder, a 1 guilder and a ¼
guilder coin. These coins were distinguished from
the ones circulating in the Netherlands by the
letter "W". In 1826, the Dutch currency
law regulated that Dutch coins, used in the Netherlands,
were also officially legal tender in the Netherlands
territories in the West Indies. The local population,
however, still kept on using foreign coins such
as the "pillar dollar" and the US 20
dollar gold (locally known as 'Morocota') to settle
their obligations. |
|
 |
| |
In
another attempt to eliminate the foreign currency
used on the islands, the Dutch government, at
the beginning of the 20th century, introduced
coins especially for the colony of Curaçao.
The coins had the inscription "Kolonie Curaçao"
(Colony of Curaçao) on the edges. These
coins, together with the Dutch currency, were
used until the 2nd World War.
|
|
 |
| |
As
the Dutch Mint was not in operation during the
Second World War due to the occupation of Holland,
coins for the islands were delivered from the
United States. Coins, with the inscription "Munt
van Curaçao" were struck in Philadelphia
and Denver. The palmtree was used as mintmaster
mark. After the liberation in 1945, the supply
of coins was once again provided for by ‘s
Rijksmunt in the Netherlands.
|
|
| |
| |
With
the autonomy of the Netherlands Antilles in 1954
the islands got their own coins. Up to date these
coins have been characterized by the use of different
materials such as gold, silver, aluminum and other
metal alloys, and also sizes and shapes, such
as the square coin.
|
|
 |
| |
The
BNA museum exhibits furthermore a beautiful collection
of commemorative coins the mintage of which was
introduced in 1973. There are about twenty different
issues of gold and silver commemorative coins
forming part of collector's items. One such coin
is the silver coin commemorating the 25-year reign
of Her Majesty Queen Juliana in 1973. A gold and
silver coin, issued in 1996 commemorate the fact
that 200 years earlier, in 1776, the Netherlands
Antilles was the first country to officially salute
the American flag with the arrival of the American
battle ship Andrew Doria in St. Eustatius.
To
celebrate the 175th anniversary of the Central
Bank of the Netherlands Antilles, the government
issued a coin with the portrait of King William
founder of the Central Bank.

Also exhibited in the
Museum and very popular with collectors, are
FDC sets of the currently used coins in an illustrated
cover.
The
museum gives lectures and guided tours and also
has a small library.
BU sets and commemorative coins can be purchased
during office hours at the Bank's cashier.
|
|

|
|
 |
|