SINGAPORE MERCHANT TOKENS TWO STIVERS 1791 (IMITATION)
The East India Company's refusal to accept the fact that its Eastern Settlements were in a dollar using area and the subsequent failure to issue a currency suitable to the demands of trade in Singapore and the Malay Archipelago resulted in the production of the Singapore Merchant Tokens which served as a medium of exchange and came to be widely accepted in the neighbouring region.
Tokens imitating the Dutch European Silver Two Stivers are one of the main group of the Singapore Merchant Tokens, the Official Coinage for Sumatra and Singapore.
The crowned shield of Arms of the Netherlands 2 Stivers of the Province of Holland with toothed border.
The legend "HOL LAN DIA 1791".
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