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CEYLON: Dutch, AE 6 stuiver (1/2 larin) (65.74g), Colombo, ND (1660-1720), NGC VF30 BN

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:7,500.00 USD Estimated At:9,000.00 - 12,000.00 USD
CEYLON: Dutch, AE 6 stuiver (1/2 larin) (65.74g), Colombo, ND (1660-1720), NGC VF30 BN
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CEYLON: Dutch, AE 6 stuiver (1/2 larin) (65.74g), Colombo, ND (1660-1720), KM-21, Scholten-1288a, Passon-53.4, dump style bar, St within leafy wreath at left end of bar and VI in similar wreath at right end of bar, repeated on the reverse, letters DXCII (Roman for 592) written in museum ink on one side, noted as circa 1660-1720 on the NGC label, described as circa 1712 on the Lakdiva website, an item of the utmost rarity that almost never comes up for auction, NGC graded VF30 BN, RRR, ex Taisei-Baldwin-Gillio Auction 19, February 23, 1995, Lot 48; ex Dick Ford Collection. The 6 stuiver issues were struck from Japanese copper bars as emergency coins to compensate for the silver larins which were being hoarded by the local people and caused a temporary silver shortage. The rate of the silver larin at that time was 12 stuivers, thus the bronze 6 stuivers had a value of 1/2 of a silver larin. The copper bars were struck on each end with the value VI / St within a leafy wreath. Neither length (which varies from approximately 98 to 127 mm) nor the weight is constant across all issues.