4067) Tulips, Netherlands: 1/4 Oz Gold Coins, Gold and Silver Bars depicting the popular Dutch Flowers: Designed and minted by the Royal Dutch Mint (RDM): Date/Year of Coins issue: 2025:
Tulips are spring-blooming perennial herbaceous bulbiferous geophytes in the Tulipa genus. Their flowers are usually large, showy, and brightly coloured, generally red, orange, pink, yellow, or white.
They often have a different coloured blotch at the base of the tepals, internally.
Because of a degree of variability within the populations and a long history of cultivation, classification has been complex and controversial.
The tulip is a member of the lily family, Liliaceae, along with 14 other genera, where it is most closely related to Amana, Erythronium, and Gagea in the tribe Lilieae.
There are about 75 species, and these are divided among four subgenera. The name "tulip" is thought to be derived from a Persian word for turban, which it may have been thought to resemble by those who discovered it.
Tulips were originally found in a band stretching from Southern Europe to Central Asia, but since the seventeenth century have become widely naturalised and cultivated.
In their natural state, they are adapted to steppes and mountainous areas with temperate climates. Flowering in the spring, they become dormant in the summer once the flowers and leaves die back, emerging above ground as a shoot from the underground bulb in early spring.
Growing wild over much of the Near East and Central Asia, tulips had been cultivated in Persia from the 10th century. By the 15th century, tulips were among the most prized flowers; becoming the symbol of the later Ottomans.
Tulips were cultivated in Byzantine Constantinople as early as 1055 but they did not come to the attention of Northern Europeans until the sixteenth century, when Northern European diplomats to the Ottoman court observed and reported on them.
They were rapidly introduced into Northern Europe and became a much-sought-after commodity during tulip mania.
Tulips were frequently depicted in Dutch Golden Age paintings, and have become associated with the Netherlands, the major producer for world markets, ever since.
Tulip mania (Dutch: tulpenmanie): was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels.
The major acceleration started in 1634 and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history.
In many ways, the tulip mania was more of a then-unknown socio-economic phenomenon than a significant economic crisis.
It had no critical influence on the prosperity of the Dutch Republic, which was one of the world's leading economic and financial powers in the 17th century, with the highest per capita income in the world from about 1600 to about 1720.
The term tulip mania is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.
Forward markets appeared in the Dutch Republic during the 17th century. Among the most notable was one centred on the tulip market.
At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled artisan. Research is difficult because of the limited economic data from the 1630s, much of which comes from biased and speculative sources.
Some modern economists have proposed rational explanations, rather than a speculative mania, for the rise and fall in prices.
For example, other flowers, such as the hyacinth, also had high initial prices at the time of their introduction, which then fell as the plants were propagated.
The high prices may also have been driven by expectations of a parliamentary decree that contracts could be voided for a small cost, thus lowering the risk to buyers.
The 1637 event gained popular attention in 1841 with the publication of the book "Extraordinary Popular Delusions and the Madness of Crowds", written by Scottish journalist Charles Mackay, who wrote that at one point 5 hectares (12 acres) of land were offered for a Semper Augustus bulb.
Mackay claimed that many investors were ruined by the fall in prices, and Dutch
commerce suffered a severe shock. Although Mackay's book is often referenced,
his account is contested. Many modern scholars believe that the mania was not
as destructive as he described.
The Gold Tulip Coin:The Dutch Tulip Coin minted at the Royal Dutch Mint (RDM):
- Struck from ¼ ounce (7.77 grams) of pure gold, it features a beautiful design.
The Reverse of the 1/4 Oz Gold Coin depicts the Dutch symbol: the Tulip. The peripheral inscriptions are - "1/4 OUNCE FINE GOLD 9999".
The Obverse of the 1/4 Oz Gold Coin depicts the Dutch Coat of Arms with the mint building in Utrecht. The Coin has been designed and minted at the Royal Dutch Mint (RDM).
Dutch Tulip 1/4 Ounce (or 7.77 grams) of pure gold!
The specifications of the Gold Coin are:
Metal: 999.9/1000 Fineness Gold (Au); Weight: 7.77 g ; Fine Gold Weight: 7.77 g; Diameter: 22.0 mm; Coin Quality: Uncirculated (U);
- Besides the Dutch Tulip, one can also find a lot of other top quality Gold and Silver in many variations.
- For example, the Collector can easily buy 1 gram of Gold as an amazingly designed Goldbar in a fitting packaging, available in three versions.
If the Collector prefers 2,5 grams of Gold, or a 5 grams or a 10 grams and even 1 Ounce of pure Gold, thei are available.
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Posts on Sweden:
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The undernoted two links will take you to our blog "Footloose" for two interesting posts written by me on the Dutch presence in Sadras in the 17th Century AD:
5) City of Bruges (or Brugge), Belgium: 20 Years as UNENCO World Heritage Site: A 20 Euro Silver Proof Coin issued by the Royakl Dutch Mint under licencing of the Royal Belgian Mint, on behalf of the National Bank of Belgium: Coin issue date: 26.02.2020
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3) History of Coinage and Banknotes of Ghana
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Links:
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18) Sea Motifs, Bahamas: Gold Bullion Coins in the denominations of 100 Dollars (depicting a Blue Marlin) and 250 Dollars (depicting a Conch Shell): Coins issue date: 03.12.2019
19) A new Generation $100 Polymer Banknote, Trinidad and Tobago with enhanced security features to "raise the bar" for counterfeiters & unscrupulous elements: Banknote circulation date: 09.12.2019:
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23) "Caribbean Sea-Horse", Barbados: $10 (Ten Dollars) 1.0 Oz. Gold Bullion Coins & $1 (One Dollar) 1.0 Oz. Silver Bullion Coins minted by the Scottsdale Mint; Year of issue: 2020
24) Cayman Islands, A British Overseas Territory (BOT): A set of identically numbered Banknotes of the presently circulating Banknotes from the "D" Series of Banknotes
Links to some other interesting posts from South American countries & Mexico:
26) A new 100 Boliviano Banknote from Bolivia: issued by the "Banco Centrale de Bolivia" (Central Bank of Bolivia) on 15.01.2019 under its new 2018 Banknote Series
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2) Currency & Coinage of Ghana: Cedis & Pesewas
6) Two new Cedi Banknotes of GH200 & GH100 and a GH2 Cedi Coin introduced in 11/2019
Links to other interesting posts on our Ghana visit in 2013:
1) Lake Bosumchwe or Bosumchwi, Ghana
2) El Mina Castle/Fort, Cape Coast, Ghana
3) History of Coinage and Banknotes of Ghana
6) Larabanga mosque and the Mystic Stone
7) Food, Culture and Music of Ghana
9) Oware: The Ancient National Board Game of Ghana
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Links to posts on Zaire/Democratic Republic of Congo (DRC):
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