Lion daalder - Moruzzi Numismatica Roma

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Lion daalder

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In Netherlands the leeuwenndaalder (the lion thaler) was coined in 1575 during the struggle for independence. Shortly after, leeuwenndaalders were issued in six of the seven Dutch provinces. Its weight was lighter than the large circulating coins and so it was more advantageous for a trader to pay an external debt in leeuwenndaalder. For this reason, it became the currency used for foreign trade. The leeuwendaalder spread throughout the East and it was imitated in different German and Italian cities. During the seventeenth century, the Dutch government strengthened with the Ottoman Empire and so there was an increase in demand for Dutch money; since the middle of the seventeenth century, we find the leeuwenndaalder also in Balkans, Syria, Egypt and Africa. On the obverse of the coin, there is a knight seen from the front holding a shield decorated with a lion. On the reverse there is instead a heraldic lion.

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