This Sterling Silver ring is set with a genuine Dutch VOC also referred to as a "First New York Penny". This ring is very comfortable to wear because of its wide band on the bottom. The ring is sizable. Please specify the desired size at the checkout.
Denomination: Dutch VOC Copper Duit
Date: 1600-1800 AD (See more history below)
Advantages: This piece could appeal to anyone from a student to a history buff, to people that love antiques, to anyone who appreciates beauty and historic events. This ring makes for a great conversation piece as well as meaningful gift.
HISTORY: This coin is often referred to as the "First New York Penny." They were produced by the Dutch East India Company for use in the spice trade. At the peak of this companies' history they employed 36,000 people facilitating trade from Asia and the East. The coins were minted in the Netherlands and used by the company for trade in the Dutch colonies and around the world. They are still found in Dutch VOC shipwreck sites and former VOC colonies. The Dutch East India Company, often referred to as the VOC, the acronym of the company's name in Dutch (Vereenigde Oostindische Compagnie), was established by the States-General of the Netherlands in 1602. It is considered the first multinational corporation and was initiated to fulfill colonial and trade activities in Asia. Not only was the VOC company the first entity to issue stock, it also had the power to wage war, negotiate treaties, establish colonies and mint coins. The VOC coin were most widely circulated in the Netherlands and in their South Asian colonies but also became well established in New Amsterdam, later New York City, such that they were used even after Dutch authority passed.