Gulden
Subdivision | 1 gulden = 100 Cents (¢) |
Exchange Rate to USD | 1.00 : US$0.14 (free floating) |
In use since | 17XX |
Currency Code | GG |
Symbol | G |
Contents
The Gulden - An Overview
The gulden (G) is the civillian currency of Guffingford, which became the only legal tender in Guffingford on a date between 1902 and 1905. The annals of that time are lost, due to a fire in the National Assembly of Guffingford. Bills were printed too, and many dates were released in a similar fashion as proofs, for collectors abroad and within Guffingford. The gulden enjoyed a long history in Guffingford even before it became the only legal tender, but that story is long and boring to write down.
The gulden is struck in nickel, cents in brass. Commemorative designs are struck in silver, while gold has been completely removed from the regular monetary traffic in daily life since 1963. Mostly because it was becoming too expensive to coin, and because of massive hoarding. The old ducat guilders are highly sought after among foreign collectors, because of the high gold content and beauty. Since none of them ever saw any circulation, these are all in near perfect condition.
History
Pre-Colonial Currency
The Hanseatic Thaler
The Gulden
Features
Unit (RPD) | Obverse | Reverse |
---|---|---|
Banknotes of the First National Banking & Trust Company Ltd. | ||
G 10 | Arnoldus Jacobsz. DeVrient | Arrival of DeVrient on Rooi-Nassau |
G 25 | Hoogenbosch People's Assembly | Seated Lady Liberty |
G 37.50 | Paul Kruger | Presidential Palace |
G 50 | Ed Rappen | Eastern Cape Overview |
G 75 | Lordling Dernhest | City Overview of Bloupaarl |
G 100 | Ian McGuff | City Overview of Suid Oos Amsterdam |
G 250 | Morgan Bucksley | City Overview of Del Monte Pelado |
G 1,000 | First Commercial Oilwell, 1866 | HMS Dora |
G 2,000 | Native Art | HMS Breitner |
G 10,000 | n/a; signature stamp of Master Banker on engraved background | date stamp on engraved background |
Coinage
Guffingfordian gold coins, since they were first minted as bullion in 1963 continue to enjoy a world wide audience of collectors and investors, because of the high quality and stunning design. Each year a contest is organised and the winning artist or designer is permitted to design the reverse of each coin, which makes it even more interesting to collect. Having the high purity in mind, this marvellous feat of fine engineering and design also finds a captive audience in investment circles. Furthermore, these items are sold under the worldwide gold value due to the fixed gold prices within Guffingford. These coins are resold in other parts of the world, sometimes being 150% more expensive!
From 1901 until 1963 Guffingford issued gold coins - without being on some kind of gold standard. These were issued mainly because people did not entirely trust the economies of all local cities, who each issued their own (paper) money in the void between the colonies. After independence, Guffingford made it clear to all liberated citizens it will tolerate only one currency system, decimal and supposed to make sense. From that moment on, the policy to destroy Knootian colonial money was adapted. In 1963 an official gold standard was introduced, and since then monetary stability endures.
At present, bullion coins were also available to the public, namely the one troy ounce Dukaat. This startling coin used to be legal tender until all gold and silver was forcefully taken out of circulation to fill up the national gold reserves a little more, to ensure monetary stability even further. Unfortunately, most of these were molten into bars or ingots, but some survived and were released onto the market again, mainly for the rich collector. The primary use of these bullion coins, when they were legal to pay with, was to settle buisiness deals more easy with other national banking institutes, mainly in Imperial Armies and financing (government) projects. The 1 ounce ÐG had no real face value and the actual gold value in American dollars and/or Euros. The coin was knick-named Tien Dukaat, because of its weight, not face value.
Gold and Silver Coinage
The Ducat Guilder
The ducat guilder (ÐG) and the State Gold Value are each other's equals. The value of the ÐG entirely depends on the State Gold Value, and the government tries hard to keep the value of gold stable at all times. The ÐG is used for large government transactions in gold, which are paid in certificates on demand to the receiver. Citizens can also purchase these certificates, but are unable to pay with them, since it is not legal for store owners to accept these as legal tender. All banks however are obliged to pay the amount on demand, which is paid in either gold or silver, depending on the certificate. Most Guffingfordians are not into this kind of investment, mostly because of a lack of faith in economies.
- One single Ducat Guilder weighs 0.330 grams of .983 fine gold. Since citizens have to pay in guldens to procure these, many citizens do not own them.
Gold
Gold Bullion - All .983 fine coins | |||
Denomination | Weight | Obverse | Reverse |
---|---|---|---|
ĐG 100 | 1 troy oz. | Ko-I-Noor Calender | Artist Impression |
ĐG 75 | ¾ troy oz. | Bird of Paradise | Idem. |
ĐG 37.5 | ½ troy oz. | Angelic Scene | Idem. |
ĐG 25 | ¼ troy oz. | Hanseatic Seal | Idem. |
Circulating Gold Currency 1901 - 1963 | |||
Denomination | Weight | Obverse | Reverse |
G 100 | 39.966 grams | Guffingfordian Coat of Arms | Seated Knight |
G 20 | 7.9932 | Idem. | Standing Knight |
G 12.5 | 4.882 | Idem. | Seated Trader |
G 10 | 3.9966 | Idem. | Liberty Head |
G 7.5 | 3.00 | Idem. | Ship |
G 5 | 1.9983 | Idem. | Hanseatic Seal |
Silver</big>
Silver Bullion - All .983 fine coins | |||
Denomination | Weight | Obverse | Reverse |
---|---|---|---|
ĐG 15 | 1 troy oz. | Dragoon | Artist Impression |
ĐG 12.5 | ¾ troy oz. | Angel | Idem. |
ĐG 10 | ½ troy oz. | Dragon | Idem. |
ĐG 7.5 | ½ troy oz. | Sea Serpent | Idem. |
Circulating Silver Currency 1851 - 1972 | |||
Denomination | Weight | Obverse | Reverse |
G 10 | 28.76 grams | Guffingfordian Coat of Arms | Liberty Head |
G 7.5 | 21.57 | Idem. | Lady Liberty |
G 5 | 14.38 | Idem. | Standing Knight |
G 2.5 | 7.19 | Idem. | Seated Knight |
G 2 | 5.752 | Idem. | Pioneer |
G 1 | 2.876 | Idem. | Standing Native |
G 0.5 | 1.4 | Idem. | Seated Native |
G 0.25 | 0.7 | Idem. | Hanseatic Seal |
G 0.10 | 0.35 | Idem. | Idem. |
Exchange Rates
Here I present to you the exchange rates of the civillian gulden to other major currencies of NationStates and some real life currencies.
1 gulden is worth symbol: G (citizen currency)
Euro Related (€)
Dollar Related
Pound Related (Sovereign, Gold Sovereign, Shillings)
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Mark Related (Mark, Reichsmark, Goldmark, Markka)
Crown Related (Kroner, Kronor, Kronir, Crowns)
Guilder Related (Gulden, Guilder, Florin, Rand)
Misc
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Images
A modern 10 Guilder gold certificate. Note the time- and datestamp have been omitted on this design, since this is a 'proof' specimen for collectors. |
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