ST. THOMAS/ST. JAN. 6% Bond of Fl.1000. black. No 349. Represents payment for a 1000 guilders' (approx. 150 to 200.000 EURO today) mortgage share in a "negotiatie" of 500,000 guilders, with the mortgage taken out on the plantations of St. Croix, St. Thomas and St. John. In order to finance the growing tradeon the West Indies during the second half of the 18th century, the Dutch started to form "negotiaties", a sort of financing company with a management and participants. The first "negotiatie" was set up in 1753 by the Amsterdam banker and Mayor Willem Gideon Deutz. This negotiatie concerns the three main Virgin Islands St. John, St. Croix and St. Thomas, situated in the Caribbean about 50 miles east of Puerto Rico. The Dutch West-Indische Co. (WIC) conquered the islands and transported slaves to thelocal sugar and coffee plantations. The Danish West India Company settled on Saint Thomas in 1672, on Saint John in 1694 and purchased Saint Croix from France in 1733 and would remain in Danish hands until the sale to the U.S. in 1917. Extremely rare.
Themes: AGRICULTURE, BEFORE 1800, COLONIES
DUTCH GUYANA, NETHERLANDS
Date: 1 February 1770
Startprice: € 200