1087795 | NETHERLANDS. Kampen. 1686 (1693)-(Rider) AR Florin (28 Stüber). PCGS XF40CM - AU Details. [HOL]. 19.47gm. Crowned shield of arms; encircled date in legend below
/ Croned imperial eagle within inner circle; the title of Matthias in the legend and a countermark of Holland. KM 69.10; Delm. 1113 (without countermark); Purmer Ka 45 (without countermark); CNM 2.30.63.
Countermarked for Holland and struck as a Florin on a Kampen 28 Stüber of 1686 (partial date legible in crown above shield).
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54915685
During and after the Dutch War (1672–1678), the Dutch provinces and smaller territories began producing debased coinage—some issues falling more than 10% below the prescribed standard—in an effort to restore their ailing public finances. The Province of Holland refrained from taking this step; instead, in 1686, it banned the importation of substandard issues and pressured the other issuing authorities to cease their irregular minting practices—a cessation that was finally achieved in 1691. On May 20, 1693, the Province of Holland began countermarking its full-weight guilders (valued at 28 *stivers*) with the initials "HOL," declaring all unmarked guilders invalid.
This measure was subsequently adopted by Utrecht (using the mark "UTR") on May 27; by Friesland (using its crowned provincial arms) on June 5; by Overijssel (using its provincial arms) on June 18; by Groningen and Ommelande (using "G Û O") on July 3; by Drenthe (using "DR") on September 8; and, finally, by the States General (using the bundle of arrows motif) on November 11, 1693.