Shipwreck VOC Half Doit 1790

This Dutch East India Company (VOC) shipwreck coin was issued by Utrecht, one of the five United Provinces of the Netherlands in 1790.

The Dutch East India Company (Vereenigde Oostindische Compagnie or VOC in Dutch, literally "United East Indies Company") was established on March 20, 1602, when the Estates-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia.

The compony was managed by the so-called the Heeren XVII (the Lords Seventeen).In 1652, Jan van Riebeeck established an outpost at the Cape of Good Hope (the southwestern tip of Africa, currently in South Africa) to re-supply VOC ships on their journey to East Asia. This post later became a fully-fledged colony, the Cape Colony, when more Dutch and other Europeans started to settle there. By 1669, the VOC was the richest private company the world had ever seen, with over 150 merchant ships, 40 warships, 50,000 employees, a private army of 10,000 soldiers, and a dividend payment of 40%. After the fourth war between the United Provinces and Great Britain (1780–1784), the VOC got into financial trouble, and in 1798, the company was dissolved.

So this coin was one of the last ever issued by the VOC. Please see following picture…

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