• It is displayed in a custom presentation with information about the coin and New York in the 1700’s.
• The Duit was a standard coin denomination in Holland.
• Because of its size and copper composition, the Duit was known as a “Penny.”
• The copper Duit was issued by the Dutch East India Company, which owned large commercial
ventures in India and southeast Asia.
• The Dutch East India Company was one of the world’s largest businesses in the 1700’s, and
the Duit was a way to control commerce in its company stores and company towns overseas.
• There were no national coins in these areas, so the copper Duit circulated instead.
• The initials “VOC” on one side of the coin stand for “Dutch East India Company.”
• The other side of the coin shows the coat of arms of the Dutch province where the coin was struck.
• The Duit was also found throughout the colonies in the New World, because there was no national
mint in America. Instead, colonists used coins from around the world.