Estimated price: CHF 3500SICILY. Leontini. Circa 450-440 BC. Tetradrachm (Silver, 26 mm,
17.31 g, 7 h).
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
44
Estimated price: CHF 10000PTOLEMAIC KINGS OF EGYPT. Arsinoe II, wife of Ptolemy II,
died 270 BC. Mnaieion or Oktadrachm (Gold, 29 mm, 28.00 g,
12 h), Alexandria, struck under Ptolemy V and/or Ptolemy VI,
circa 193/2-178/7 BC.
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
266
Estimated price: CHF 25000KINGS OF MACEDON. Philip V, 221-179 BC. Tetradrachm
(Silver, 30 mm, 16.80 g, 11 h), Pella or Amphipolis,
circa 220-211 BC.
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
284
Estimated price: CHF 75000Quintus Labienus Parthicus, 42-39 BC. Denarius (Silver, 17 mm,
3.85 g, 5 h), uncertain mint moving with Labienus in
southeastern Asia Minor, early 40 BC.
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
389
Estimated price: CHF 25000Hadrian, 117-138. Sestertius (Orichalcum, 33 mm, 26.00 g, 6 h),
Rome, circa 130-133.
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
439
Estimated price: CHF 3500LOW COUNTRIES. Vlaanderen (Flanders). Lodewijk II van Male,
1346-1384. Gouden Lam – Mouton d'or (Gold, 30 mm, 4.41 g,
10 h), variety with 'I' after 'NOB'. Gand (Ghent)
or Mechelen (Mechlin).
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
1175
Estimated price: CHF 25000SWITZERLAND. Neuenburg/Neuchâtel. Henri II d’Orléans-
Longueville, 1595-1663. Medal of 20 Ducats (Gold, 52 mm,
68.77 g, 12 h), on his marriage with Anne-Geneviève de
Bourbon-Condé. By J. Warin. No date (1642).
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
1257
Estimated price: CHF 7500GERMANY. Sachsen-Ernestinische Linie. Sachsen-Gotha
(Alt-Gotha). Johann Friedrich II, 1557-1565. Doppelter
Schautaler (Silver, 49 mm, 57.90 g, 12 h), no date (circa 1560). 
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
1121
Estimated price: CHF 5000GERMANY. Kaiserreich. Sachsen-Meiningen. Georg II,
1866-1914. 20 Mark 1905 D (Gold, 21 mm, 8.00 g, 12 h),
München (Munich).
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
1130
Estimated price: CHF 15000UNITED STATES. 1776-pres. Dollar 1799 (Silver, 39 mm,
27.00 g, 6 h), Draped Bust type, heraldic eagle variety with 7/6
stars (obverse), 13 stars (reverse), berries, and regular date.
By R. Scot, Philadelphia.
Leu Numismatik AG, Zurich - Auctions 17, 18 /
31 May -2 June, 2025
1286
all News

Caribbean Guilder: Joint Currency Introduced for Curaçao and Sint Maarten

By Sebastian Wieschowski

After years of preparation and several delays, the time has finally come: On 31 March 2025, the Caribbean guilder (abbreviation: CMg) was officially introduced in the autonomous countries of Curaçao and Sint Maarten. The new currency replaces the former Netherlands Antillean guilder (ANG), which remained in circulation following the dissolution of the Netherlands Antilles in 2010.

Content

Curaçao has a new currency – and that means new coins are now in circulation. Photo: LPETTET via Getty Images / Canva Pro.

Curaçao has a new currency – and that means new coins are now in circulation. Photo: LPETTET via Getty Images / Canva Pro.

The introduction of the Caribbean guilder marks an important step towards economic integration between the two island nations, which have shared a central bank – the Centrale Bank van Curaçao en Sint Maarten (CBCS) – since 2010. The currency conversion was made at a one-to-one rate, meaning the Caribbean guilder holds the same value as the outgoing Antillean guilder.

Fixed Peg to the US Dollar

Like its predecessor, the Caribbean guilder is firmly pegged to the US dollar: one US dollar equals 1.79 CMg. This fixed exchange rate is designed to ensure economic stability and foster trust in the new currency.
The CBCS emphasised ahead of the launch that the Caribbean guilder is intended to modernise the region’s payment system in the long term. At the same time, monetary policy is expected to become more efficient as outdated structures linked to the Antillean guilder are finally phased out.

Maritime Design – Banknotes with Depth

The new banknotes and coins reflect the geographic and cultural identity of the two islands. The theme of the banknote series is “Life Below the Sea.” The front side features colourful marine fauna native to Curaçao and Sint Maarten – including coral reef fish, sea turtles and other typical ocean life. The reverse side depicts significant historical and cultural landmarks from both countries.
The banknotes have been issued in denominations of 10, 20, 50 and 100 CMg and are equipped with modern security features, including watermarks, holograms, and tactile elements for the visually impaired.

The new coins, in cent and guilder denominations, are now being issued. Photo: Centrale Bank van Curaçao en Sint Maarten.

The new coins, in cent and guilder denominations, are now being issued. Photo: Centrale Bank van Curaçao en Sint Maarten.

Coins with Local Variations

The new coins also embrace the maritime theme, showcasing designs such as seashells, wave patterns, and sea turtles. Interestingly, Curaçao and Sint Maarten each have slightly different coin designs – a subtle nod to national identity within the shared currency. The circulation coins are available in denominations of 1, 5, 10, 25, and 50 cents, as well as 1 and 2½ CMg.

Transition Period for the Old Guilder

Banknotes and coins of the former Netherlands Antillean guilder will remain in circulation for a limited time and can be exchanged at banks and designated locations. The CBCS has announced that the exchange period will be generous to ensure a smooth transition.

A Historic Step for the Region

With the launch of the Caribbean guilder, Curaçao and Sint Maarten are entering a new chapter of economic autonomy. The new currency not only symbolises their shared future but also aims to lay the foundation for a more modern and efficient financial system in the region.

Background: The Story Behind the Currency Union

Following the dissolution of the Netherlands Antilles on 10 October 2010, Curaçao and Sint Maarten became autonomous countries within the Kingdom of the Netherlands. A joint currency was part of the original vision – but the actual implementation was delayed several times. With the Caribbean guilder, that vision has now become a reality.

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