First New York Penny : VOC Copper Duits AlbumPRODUCT ID: NYPENNYALB
The first European settlers on the island of Manhattan were Dutch traders from the Dutch West India Company. New Amsterdam, as their settlement was called, was administered not by the Dutch crown, but by the trading company itself. Indeed, Peter Minuit, who famously bought Manhattan Island from the Canarsie Indians for the equivalent of $24, did so in his capacity as the company’s colonial director. It was the first in a long line of New York City commercial real estate transactions.
The company the Dutch called the Vereenigde Oost-Indische Com pagnie, or VOC, was the first company to ever issue stock, and was arguably the most powerful company of all time. The VOC was such an economic powerhouse that it minted its own money. The most famous of this currency is the duit, a copper coin worth 1/ 160th of the gulden or gilder. (Minuit paid 60 gilders for Manhattan, according to a Company memorandum, which means the island could have been had for a mere 9,600 duits).
This one-duit coin was widely used in the Dutch Colonies, and has come to be known as “The First New York Penny .” It was used as currency long after the Dutch ceded the island to the British, and New Amsterdam became New York.
Copper duit coins were struck under the auspices of the VOC between the years 1726 and 1794. The obverse shows the distinctive VOC monogram; the reverse is the coat of arms of Holland, West Friesland, Zeeland, or Utrecht, the four provinces in which the coins were minted.
- 8 duits = 1 stuiver; 160 duits = 20 stuivers = 1 gulden
- Weight: 2.5-3.2g
- Diameter: 21.5-22mm
- Return Policy
- Shipping Policy
To be eligible for a return, your item must be unused, in the same condition that you received it and within 7 days of purchase. It must also be in the original packaging.
Please send an email to Support@AHMemail.com to receive an RA (Return Authorization) and address to return your item to. Returning your item without a RA will result in the item being refused and returned to you or possibly lost in our warehouse. We charge a 5% restocking fee on all credit card orders returned. If an exchange is requested, we will work with you to find an acceptable exchange.
Sale items (if applicable)
Only regular priced items may be refunded, unfortunately sale items cannot be refunded/exchanged unless item has defects.
Exchanges (if applicable)
If your purchase has defects and need to exchange, send an email to Support@AHMemail.com and after confirmation, please send your item to the address given as well as including the return authorization number. If an exchange is requested, we will work with you to find an acceptable exchange.
If the item was marked as a gift when purchased and shipped directly to you, you’ll receive a gift credit for the value of your return. Once the returned item is received, a gift certificate will be mailed to you.
To return your purchase, you must mail the address given to you upon contacting American Heritage Mint and Bullion.
You will be responsible for paying for your own shipping costs for returning your item. Shipping costs are non-refundable. If you receive a refund, the cost of return shipping will be deducted from your refund.
Depending on where you live, the time it may take for your exchanged product to reach you, may vary.
We highly recommend using a trackable shipping service or purchasing shipping insurance. We don’t guarantee that we will receive your returned item.
We ship items using USPS, UPS, DHL, FedEx and will ship as soon as payments are processed and completed. Items typical ship within 3 - 5 business days from the day the order is placed unless otherwise stated on product page. (Please refer to notes with each item for additional information or adjustments).
Please note that all Money Orders, Cashier’s, Personal and Business Checks will be held up to 10 business days or until said payment has cleared. Orders will be shipped promptly upon clearance of funds.
Items over $2000 may be sent using secured delivery to prevent fraud. A signature, photo, and other information (required by delivery company) may be required to prevent issues.
To prevent fraud, items with incorrect billing information might be cancelled if we can not verify. Shipments must be sent to billing address on file with your credit card unless approved by our risk department.
Shipping charges for returns are the responsibility of the party returning the item.
Orders may be returned shipped via USPS, FedEx or UPS. We highly recommend that you insure the package for its full value. American Heritage Mint and Bullion does not assume any responsibility for items lost or damaged while in return transit. We only assume responsibility of products while they are in our care, custody and control.