They are doing it again! The royal Dutch mint has decided to sell a new set of coins. Coins that used to be legal tender will be created again just like that. This time it is not a set of various normal coins, but that are going to recreate a set of gold coins.
This recreation is made using the original stamps and using the exact same specifications and the exact same gold content as the original coin. Today the original coin has a list price of € 1600,-. You can obtain this recreation for € 199,-. With this exact recreation you will be the owner of the very first Dutch golden 5 guilder coin. A very special recreation that should not be missing in your collection.
The coins seem to be identical to the original, with the only difference that they will appear a lot newer. I think it is incredible that an official body as the KNM is allowed to produce and sell these coins for just 10% of the catalog value. Am I really the only person worried that the original coins will drop in value fast, because any normal person will be unable to tell the difference between the original and the recreation in 20 years.
By the way, what is stopping me to by myself an old coin press and create my own old Dutch guilders. Under the pretext that it might be interesting for collectors. I can then sell these coins for 90% of their catalog value. That in the future collectors can no longer have confidence in any Dutch guilder I will just take for granted.
My paranoia was partly unjustified. When I checked with the KNM it turned out that:
The difference between the original and the reproduction is shown by an “R” that is added to each reproduction.