Lot 772
Netherlands -- Utrecht. Ducaton, 1781. Dav-1832; Delmonte-1031. Knight riding right. Reverse: Crowned crest supported by lions. Deeply toned and very lustrous. A bold piece. NGC graded MS-65.
As early as 1779, John Paul Jones wrote, "The Dutch people are for us and for the war." Meanwhile, John Adams, the first U.S. envoy to the Netherlands, also managed to secure the first loan for Congress from three Amsterdam banks. Between 1780 and 1794, the Netherlands lent 30 million guilders to the U.S. While it seems like a small amount by modern standards, at that time it equaled the entire foreign debt of the U.S.! Holland would recognize U.S. independence in 1782, and eventually suffer for it at the hands of the British.
Estimated Value $600 - 800.
Ex Irving Goodman Collection.
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| Realized $4,830 |
