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Copper duit coin from 1735, with the VOC monogram on the obverse and the crowned coat of arms of Holland on the reverse.

The duit (pronounced [ˈdœyt]) (plural: duiten; English: doit[1]) was an old low-value Dutch copper coin.[2] Struck in the 17th and 18th centuries[3] in the territory of the Dutch Republic, it became an international currency.[4][5] It had the value of 1/8 stuiver.[4]

Etymology

Etymologically, the word duit comes from Middle Dutch and means a type of small coin.[1]

History

Duit from Zeeland (1769)

The Dutch East India Company (VOC) commissioned a special coin with a monogram engraved on it in order to prevent smuggling. The coin was first minted during the 17th century in the Dutch Republic and was issued in the Netherlands until the year 1816 when it was replaced by cents and ½ cents.[4] Later it became an internationalized currency and was also issued in the Dutch East Indies, Dutch Ceylon and Dutch Malabar.[5] Only these types of coins were valid for use in colonial-era Indonesia. The biggest destination for duit coins was Java.[5] Duit was also used in parts of the Americas while under Dutch rule, such as New Amsterdam (present-day New York City) and Suriname; and in Africa in the Dutch Cape Colony.[4]

The coin's name was preserved in the Netherlands for a long time as vierduitstuk (or 'plak'[6]), because it was worth 4 duiten = half a stuiver (or 2½ cents).[7]

Value

According to its usage in the Netherlands, 8 duiten are equivalent to a stuiver and 160 duiten are equivalent to a guilder. When this value was applied in the Dutch East Indies colony in 1726, it was equivalent to a quarter of a stuiver (i.e. 4 duit = 1 stuiver).[4]

Originally duit coins were minted in copper, but proof coinage of the duit was also minted in silver and gold.[8]

Dutch expressions

The Dutch language has many expressions, proverbs and sayings which feature the word duit, including:[2]

Legacy

The single largest recipient of Dutch duit coins was Java. Ceylon and Malabar did also circulate the coins.[5] As the monetary unit was widespread throughout the Malay archipelago, the word duit eventually was absorbed into Malay vocabulary becoming a slang word for 'money' besides wang (Malaysian spelling) and uang (Indonesian spelling).

The duit is also referred to as the "New York penny" due to its use as a Colonial monetary unit in Dutch New Amsterdam (later New York) and for years later, long after Dutch rule had passed.

The Duit circulated also in the duchy of Cleves and Guelders, which may be the reason why in the 18th century the expression kein Deut entered the German language, meaning not a bit.[9]

Duit (Duttu) is a slang for low denomination money in Tamil.

Duit is also a slang for money in modern Indonesia.

Bibliography

  • Shimada, Ryūto (2006). The Intra-Asian Trade in Japanese Copper by the Dutch East India Company During the Eighteenth Century. Leiden: Brill. ISBN 90-04-15092-7. Archived from the original on 2024-02-08. Retrieved 2018-06-11.

References

  1. ^ a b "doit". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.) - "A small Dutch coin formerly in use, the eighth part of a stiver, or the half of an English farthing; hence (chiefly in negative phrases) as the type of a very small or trifling sum."
  2. ^ a b Van Dale Groot woordenboek der Nederlandse taal (Eerste deel) (in Dutch). Utrecht/Antwerpen: Van Dale Lexicografie. 1984. p. 678. ISBN 90-6648-402-0.}
  3. ^ Hazlitt, William Carew (1897). Supplement to the Coinage of the European Continent. London: Swan Sonnenschein. p. 63. Retrieved 14 April 2024. The earliest duit which we have seen is of 1614 ; and there is also a separate colonial series down at least to 1794.
  4. ^ a b c d e "Duit". Winkler Prins Encyclopaedie (in Dutch). Amsterdam/Brussels: Elsevier. 1947.
  5. ^ a b c d Shimada 2006, p. 94.
  6. ^ "plack". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)
  7. ^ "Duit". De Kleine Winkler Prins. Encyclopedie van A tot Z (in Dutch). Amsterdam: Elsevier. 1949.
  8. ^ "Verouderd, antiek of achterhaald | Klantenservice | Ziggo". 3 January 2022. Archived from the original on 7 June 2011. Retrieved 6 May 2010.
  9. ^ "Duden – Deut – Rechtschreibung, Bedeutung, Definition, Herkunft". Duden.de (in German). Archived from the original on 2023-02-04. Retrieved 2018-07-22.

External links

Look up duit in Wiktionary, the free dictionary.


Currency and coinage of the Netherlands
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