5 guilder (Dutch coin)

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This article is about the 5 guilder coin struck between 1988 and 2001. For earlier 5 guilder coins, see 5 guilder (gold).
5 guilder (Flag of the Netherlands The Netherlands)
Mass: 9.25 g
Diameter: 23.5 mm
Composition:  ?
Alignment: coin
Years of Minting: 19882001
Circulation: 1 May 1988
28 February 2002

Redeemed by national bank until 1 January 2007

Obverse
Obverse
Design: Face value, year, privy mark (left), mint mark (right)
Designer: Bruno Ninaber van Eyben
Reverse
Reverse
Design: Queen Beatrix
Designer: Bruno Ninaber van Eyben
Edge: Reeded, "GOD ZIJ MET ONS" (God be with us)

The Dutch 5 guilder coin was a unit of currency in the Netherlands, until the adoption of the euro in 2002. It nominal value was f 5,- (€ 2.27).

Contents

[edit] History

The introduction of a 5 guilder coin was first discussed and eventually approved in 1981. It would replace the 5 guilder note in circulation at the time. However at the time the National Bank had a very large supply of these banknotes in stock. Thus, in order to prevent wasting them it was decided to postpone the introduction of the coin by several years. The new coin had to fit in the current series. The ministry of finance reported it was to become “gold-coloured” and “smaller than the guilder coin and thicker that the rijksdaalder (2½ guilder coin)”. In 2000 a commemorative 5 guilder coin was struck in honour of the EC. The 5 guilder coin was withdrawn from circulation on 28 January 2002 following the introduction of the euro.

[edit] Mintage

The following amount of coins has been struck.

Year Mintage Mint Mint marks Remarks
1988 73,500,000 Utrecht Utrecht mint, mintmaster -
1989 69,000,000 Utrecht Utrecht mint, mintmaster -
1990 47,200,000 Utrecht Utrecht mint, mintmaster -
1991 17,000,000 Utrecht Utrecht mint, mintmaster -
1992 400,000 Utrecht Utrecht mint, mintmaster -
1993 5,400,000 Utrecht Utrecht mint, mintmaster -
1994 400,000 Utrecht Utrecht mint, mintmaster -
1995 400,000 Utrecht Utrecht mint, mintmaster -
1996 150,000 Utrecht Utrecht mint, mintmaster -
1997 170,000 Utrecht Utrecht mint, mintmaster -
1998 100,000 Utrecht Utrecht mint, mintmaster -
1999 120,000 Utrecht Utrecht mint, mintmaster -
2000 200,000 Utrecht Utrecht mint, mintmaster -
2000 EC 2,520,000 Utrecht Utrecht mint, mintmaster Commemorative coin.
Mintage number includes 35,000 FDC and 20,000 Proof-quality coins.
2001 115,000 Utrecht Utrecht mint, mintmaster -
Total: 216,675,000

As of October 2002, 153,000,000 (70.61%) of 5 Guilder coins had been returned to the national bank.

[edit] Commemorative coin EC football

A special coin of 5 guilder was struck in honor of the European Championship football held in the Netherlands and Belgium in 2000. It would be the first and only commemorative coin valued 5 guilder.

5 guilder EC Football
The football game is the central theme of the obverse. A football covers the entire surface of the coin, making the coin look like a football itself The reverse depicts a new portrait of Queen Beatrix. It has a more casual character than her regular coin portrait. A football is placed in the background.
Designers: Michael Readecker and Geerten Verheus
Issue: 4 May 2000

The first coins were struck in Utrecht on 3 May 2000. The coin was distributed from 4 May onward through four large supermarket branches (Basismarkt, Edah, Konmar and Super de Boer). Belgium showed a similar initiative by minting a commemorative 50-Franc coin in honour of the EC.

The mintage numbers were as follows:

Quality Mintage Price
Circulation 2,500,000 nominal
Fleur de coin (FDC) 35,000 F 19.95 (€ 9.05)
Proof 20,000 F 29.95 (€ 13.59)

The Dutch national mint also minted a number of FDC and Proof coins, intended for sale. Sale prices at the time are listed above. Also a set including both the Dutch and Belgian EC-coins in FDC-quality was sold for F 59.95 (€ 27.20).

[edit] Sources

http://www.nieuwsbank.nl/inp/2000/05/0503E002.htm
Kerstpers, Magazine of the Dutch national mint, November 2000.