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<h3>[[Gulden]]</h3>
 
<h3>[[Gulden]]</h3>
  
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.
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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 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.

Revision as of 02:26, 19 August 2007


Gulden

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

Before explorers and settlers began to inhabit Guffingford, many tribes traded with each other through bartering. A very simple currency system existed in the lands of the Ko-I-Noor civilization, where small nuggets of gold served as currency. Some wore a stamp of a mighty warrior or a chief, but only a handful of these are known to exist. Most have been molten by explorers and pioneers in later centuries as the native tribes were assimilated into the Guffingfordian society.

The Gulden

Sometime in the 18th century, the gulden came into being. Gulden is a Dutch word for "golden", or "gilded" in some cases. Like any other currency of that day, the gulden was bumped around by the big monetary players of that time in Guffingford: the Hanseatic Thaler and the British Pound. However, the gulden remained strong and banks who issued the gulden began to link its value to ducats, thalers and the pound. Various schemes were produced, but the guldens for ducats proved to be the most profitable. However, since the gulden was growing in strength, people sought to exchange their currency for guldens. This was called "The Great Money Leech".

Mintmarks

A -- Hoogenbosch, founded 1612
Windlass -- Port Kramer, founded 1799
Palmtree -- Del Monte Pelado, founded 1834
B -- Bloupaarl, founded 1878
W (extremely rare) -- Windhoek, founded 1910, closed in 1919

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!

See more in the main article.