 | |
| Company type | Naamloze vennootschap owned by Belgian Heylen Group |
|---|---|
| Industry | coin production |
| Founded | 1567, Utrecht [ citation needed ] |
| Headquarters | Utrecht, Netherlands |
Area served | Worldwide |
Key people | Bert van Ravenswaaij (Muntmeester) |
| Products | coins / medals |
| Website | www |
The Royal Dutch Mint (Koninklijke Nederlandse Munt, abbreviated KNM) based in Utrecht, the Netherlands, is a company owned by Heimerle + Meule. It was established and previously owned by the Dutch state.
On 17 September 1806, when The Netherlands were under the rule of King Louis Napoleon, he decided that the striking and distribution of coins should be by a single, national body. [1] This was in contrast to the Middle Ages custom of large trading cities having their own mint and coins, which resulted in several coins circulating within the country, and many levels of controlling bureaucracy.
Originally it was the intention to found the mint in the capital city of Amsterdam but, since there was insufficient finance available, it was decided to locate the National Mint seat in Utrecht.
After Napoleon was defeated in 1813, and the Kingdom of the Netherlands was founded with William I as King, the Mint was renamed as 's Rijks Munt. What is now known as Belgium was a part of the new kingdom, and a second Mint was located in Brussels. [2] When Belgium achieved independence in 1839, the Rijks Munt became the only mint in the Kingdom of the Netherlands. The provincial coins had been minted before the unification of the Mint were still in circulation. Due to their relatively high intrinsic value, the "new" coins would only gain popularity with the passage of time. In 1849 the provincial coins were officially taken out of circulation.
In 1901 [3] the company was placed under the supervision of the Ministry of Finance, and in 1912 the Mint officially became a company owned by the State. [4] At the end of the German occupation during the Second World War, in 1944, coins were produced in the United States. This was necessary to ensure that there would be enough currency available after the liberation. [5]
In 1994 's Rijks Munt was renamed as De Nederlandse Munt NV . It became a company, 100% of whose shares are owned by the Dutch State. The Queen awarded the company the prefix Koninklijk (Royal) five years later, and the company was now allowed to call itself De Koninklijke Nederlandse Munt (The Royal Dutch Mint). [6] On 22 November 2016 the Royal Dutch Mint was sold to the Belgian Groep Heylen. [7]
Since 2002 the Royal Dutch Mint has been allowed to strike coins for foreign national banks in the euro zone, and occasionally strikes coins for other countries such as Guatemala and Honduras. Furthermore, the Dutch Royal Mint produces commemorative coins, coins intended for collectors, medals and royal decorations.
The Royal Dutch Mint was also delegated the task of destroying the old guilders after their replacement by the euro in 2002.
The Kingdom of Holland was the successor state of the Batavian Republic. It was created by Napoleon Bonaparte in March 1806 in order to strengthen control over the Netherlands by replacing the republican government with a monarchy. Since becoming emperor in 1804, Napoleon sought to extirpate republican tendencies in territories France controlled, and placed his third brother, Louis Bonaparte, on the throne of the puppet kingdom. The name of the leading province, Holland, now designated the whole country. In 1807, East Frisia and Jever were added to the kingdom.
There are eight euro coin denominations, ranging from one cent to two euros. The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of different designs in circulation at once. Four European microstates that are not members of the European Union use the euro as their currency and also have the right to mint coins with their own designs on the obverse side.
Dutch euro coins currently use two designs by Erwin Olaf, both of which feature a portrait of King Willem-Alexander of the Netherlands. The new designs began circulating in 2014. Dutch Euro coins minted from 1999 to 2013 feature a portrait of Queen Beatrix designed by Bruno Ninaber van Eyben. All coins share the 12 stars of the EU and the year of imprint in their design.
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The stuiver was a coin used in the Netherlands, worth 1⁄20 of a guilder. It was also minted on the Lower Rhine region and the Dutch colonies. The word can still refer to the 5 euro cent coin, which has almost exactly the same diameter and colour despite being over twice the value of the older coin.
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The rijksdaalder was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire but weighed slightly less, at 29.03 g of 0.885 fine silver, reduced to 0.875 fine by the 17th century. Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century.
The Netherlands Indies guilder was the unit of account of the Dutch East Indies from 1602 under the United East India Company, following Dutch practice first adopted in the 15th century. A variety of Dutch, Spanish and Asian coins were in official and common usage. After the collapse of the VOC at the end of the 18th century, control of the islands reverted to the Dutch government, which issued silver 'Netherlands Indies' guilder and fractional silver and copper coins until Indonesian independence in 1945.
The Dutch Five guilder coin was the highest-denomination coin in the Netherlands from its introduction in 1988 until the adoption of the euro in 2002. Its nominal value was ƒ 5,-.
The Dutch One guilder coin struck under the reign of King William II was a unit of currency in the Netherlands.
The Dutch 1 guilder coin struck under the reign of Queen Wilhelmina was a unit of currency in the Netherlands.
The One guilder coin was a coin struck in the Kingdom of the Netherlands between 1818 and 2001. It remained in circulation until 2002 when the guilder currency was replaced by the euro. No guilder coins were minted in the German occupation of the Netherlands in World War II.
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Koninklijke Wegener NV was a Dutch publisher of newspapers. It was the largest publisher of daily regional newspapers, free local newspapers and special interest magazines in the Netherlands. It also sold internet products and graphical products. The company ceased to exist when it was acquired by Belgian media company De Persgroep in 2015.
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