Dutch 10 Guilder coins
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Dutch 10 Guilder coins from the Royal Dutch Mint come in Brilliant Uncirculated condition. They have long been considered as a first choice for buyers of bulk gold. These popular and historical bullion coins provide all of the benefits that gold bullion delivers along with additional perks such as collector demand, a limited supply, and total financial anonymity. They give investors and collectors scarcity and all of these other benefits for a little extra premium.
Dutch 10 Guilder Coins Background and History
Two main series of Dutch 10 Guilder coins were struck by the Royal Dutch Mint. The first of these were the ones featuring the portrait of King Willem III, the final king of the famed Orange-Nassau lineage. These coins were produced during the years 1875 to 1889. Willem was greatly beloved for his enlightened nature, idealizing the constitutional monarch who led his nation through a number of liberal reforms.
His daughter Queen Wilhelmina became the longest reigning monarch in Dutch history, ruling from 1890-1948. She led her nation through a number of dark and dangerous periods, including the Great Depression and the First and Second World Wars. The Dutch resistance drew great inspiration from her in World War II. In the Netherlands, she represents an enduring symbol for national unity. Queen Wilhelmina's Dutch 10 Guilder coins were struck from 1911 to 1917 and 1925 to 1933. The two series of Wilhelmina gold Guilders had minor changes made to the obverse with the same reverse designs and identical specifications such as weight, size, and 90% gold composition.
Because a small number of the King Willem Dutch 10 Guilder coins were struck, few remain today. A mere 7.8 million pieces were issued in all of the years combined. The majority of these were destroyed by melting and wear and tear in circulation. Their rarity tends to give them greater premiums over spot gold prices in times of higher demand.
Dutch 10 Guilder Coins Physical Characteristics
Coin Design
The obverse is the official name for the front side of all coins. The Dutch 10 Guilder coins obverse second series features the portrait of Queen Wilhelmina as ruler of the Netherlands from 1890-1948. She is surrounded by the inscription “KONINGIN WILHELMINA · GOD ZIJ MET ONS.” The Wilhelmina Guilders came in two different design series. Series one from 1911-1917 showcased the Queen's bust with a tiara on her head and her shoulders draped. Series two from 1925-1933 showed a little smaller portrait of the queen. Her bust was truncated at her neck, and she did not wear the tiara.
The back side of the coins is always called the “reverse” in numismatics. With both series of Wilhelmina Guilders, the reverse proves to be identical. It portrays a lion with a crown carrying arrows and a sword atop a large shield. The lion is encircled by the inscription of the denomination “10 G.” All images are surrounded by the words, “KONINGRIJK DER NEDERLANDEN.” Finishing the design on the reverse are a caduceus (winged staff entwined with two snakes) and a seahorse that surround the two sides of the issue year.
Specifications
These Dutch 10 Guilder coins are also known as Florins or Guldens. They contain nearly a full fifth of an ounce of pure gold (.1947 ounces). Their specifications are as follows:
- Mass: 6.729 g
- Diameter: 22.50 mm
- Thickness: 1.3 mm
- Content: 0.1947 oz.
- Purity: 90.0% gold
Dutch 10 Guilder Coins Pricing
Dutch 10 Guilder coins were all struck as legal tender in the Netherlands. Their face value was a consistent 10 Guilders. This face value is no longer valid as the Netherlands now uses the euro instead of the guilder. It is irrelevant in any case as no one would choose to spend these coins for a mere 10 Guilders. This is because the intrinsic value pricing of these gold pieces is considerably higher. Their values are dependent on the spot price of gold as well as the limited supply and relevant demand.
In practice, this intrinsic value actually makes the market prices of Dutch 10 Guilder coins. The market price proves to be the true value of the coin which contributes to the value of the retirement or investment portfolios which hold them. These coins contain a substantial premium over the spot price of gold. This is because of the relative rarity of these pieces and the ongoing interest from investors and collectors alike. The premium is also explained by the considerable costs of striking such coins and the expenses associated with circulating them. True market value for coins like these goes up and down every trading day alongside the shifting prices of gold. You can quickly determine the daily real time gold prices simply by going over to our homepage.
Can IRA Accounts Contain Dutch 10 Guilder Coins?
It is entirely up to the Internal Revenue Service as to which gold bullion coins may be included in their IRA retirement vehicles. These self directed precious metals accounts can only contain coins that meet an exacting purity and collectibility standard as determined by the IRS. The government also insists that initial purchases to open these accounts must be at least $5,000 worth of qualified precious metals bullion. Later purchases can be made for as little as $1,000 in additional sanctioned coins. If you already have another kind of IRA account, you are able to simply roll it over to a precious metals IRA. Once this approved bullion has been purchased by your account administrator, it will have to be maintained in a third party IRS allowed depository. These vaults both protect and warehouse your precious metals investments.
Dutch 10 Guilder coins do not contain the required .995 gold purity which the IRS mandates as they have only .900 gold fineness. Even if they did have the mandated minimum gold purity of 99.5%, they would still fail the IRS qualifications concerning collectibility. This is because these coins are quite collectible for bullion pieces. Much of the time they come with a significant premium over spot gold prices. Because of failing both standards, these Dutch 10 Guilder coins may not be held in precious metals IRAs. They are still historical and beautiful pieces for other types of investment and retirement accounts. You can purchase such Dutch 10 Guilder coins from a range of respected international bullion and coins dealers around Europe and the globe.
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