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1928 Netherlands Olympic Games 5 Gulden

Netherlands

1928

Reference data compiled from public catalogs

Estimated Melt Value

$27.38

Based on Silver spot price ($78.86/oz) · 72.0% purity · 15g

Updated 10:55 PM

Collector premium not included

Specifications

CountryNetherlands
Years Minted1928
Composition72% silver
Weight15 g
Diameter29 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features the Dutch coat of arms with a crown above.

Reverse

The reverse depicts the Olympic stadium in Amsterdam with the Olympic rings.

History & Notable Facts

This silver coin, issued for the 1928 Amsterdam Olympics, depicted a nude male athlete on its reverse, a design that raised eyebrows in some Dutch circles for its classical boldness. Struck at the Utrecht mint in .720 fine silver, it served as both a commemorative piece and legal tender worth five guilders. The obverse featured the Dutch coat of arms, while the athlete symbolized victory, tying into the games' ancient Greek heritage.

Production numbers aren't precisely known; records from that era can be spotty. What we do have is a coin weighing about 15 grams, with edges inscribed in Latin. It's a straightforward example of early 20th-century numismatic art, free of the overblown legends that collectors love to spin.

Minting occurred amid global tensions, just before the Great Depression hit. Ironically, while the Olympics celebrated human achievement, this coin's silver value has fluctuated more than any athlete's medal count.

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