ducat

The paucity of dukaat coins limited the ability of AWB customers to favorably deposit dukaten as the agio rose above 4.17 percent.

From 1676 to 1693, some mints, especially Zeeland's provincial mint, began producing coins with higher mint prices than traditional dukaten or rijders.

The AWB returned to its original role of sheltering creditors as agio-arbitrage and low fees encouraged deposits of rijders and dukaten (figure 16).

If so, then Cohen also should have received a receipt granting the option to buy 200 Dukaten from the AWB for 480 bank guilders.

(46) With a low mint equivalent, dukaten were also favored for export.