Black Mountain Coins Newsletter

 I LOVE NEW ORANGE! 

The story of New York's founding as Dutch New Amsterdam 

By Greg Capps  

The New Amsterdam Settlement of the early 17th century.

17th century. New Amsterdam Settlement

 

       New Amsterdam was a 17th-century Dutch colonial settlement that served as the capital of New Netherland. It later became known as New York City.

       The town, outside of Fort Amsterdam on Manhattan Island in the New Netherland territory (1614-1674), was situated between 38 and 42 degrees latitude and was as a provincial extension of the Dutch Republic as of 1624. Provincial possession of the territory had been accomplished with the first settlement, established on Noten Eylandt (which the British renamed Governors Island in 1784) in 1624. A year later in 1625, construction of a citadel comprising Fort Amsterdam was commenced on the southern tip of nearby Manhattan Island and the first settlers were moved there from Governors Island.

Castello Plan New Amsterdam in 1660,
The Castello Plan of New Amsterdam in 1660,

       By 1609, the harbor and the river had been discovered, explored and charted by an expedition of the Dutch East India Company captained by Henry Hudson when he first sailed by what is now Manhattan. From 1611 through 1614, the territory was surveyed and charted by private commercial companies on behalf of the States General of the Dutch Republic and operated commercially before it became a provincial entity in 1624.

West Friesland - Netherlands - Dutch - Duit - 1739
1739 West Friesland Dutch Duit

       The town was founded in 1625 by Willem Verhulst who, together with his council, selected Manhattan Island as the optimal place for permanent settlement by the Dutch West India Company. That year, military engineer and surveyor Krijn Frederiksz laid out a citadel with Fort Amsterdam as its centerpiece. To secure the settlers' property and its surroundings according to Dutch law, Peter Minuit created a deed with the Manhattan Indians in 1626 which signified legal possession of Manhattan. He was appointed New Netherland's third director by the local council after Willem Verhulst returned home in November 1626.

Pieter Schenk. View of New Amsterdam, ca. 1702. (New York Public Library)

Pieter Schenk. View of New Amsterdam, ca. 1702. (New York Public Library)

        The city, situated on the strategic, fortifiable southern tip of the island of Manhattan was to maintain New Netherland's provincial integrity by defending river access to the company's fur trade operations in the North River, later named Hudson River. Furthermore, it was entrusted to safeguard the West India Company's exclusive access to New Netherland's other two estuaries; the Delaware River and the Connecticut River. Fort Amsterdam was designated the capital of the province in 1625 and developed into the largest Dutch colonial settlement of the New Netherland province, now the New York Tri-State Region, and remained a Dutch possession until September 1664, when it fell provisionally and temporarily into the hands of the English.

        The Dutch Republic regained it in August 1673 with a fleet of 21 ships, renaming the city "New Orange". New Netherland was ceded permanently to the English in November 1674 by treaty.

1936 Albany  NY Half Dollar
1936 Half-Dollar commemorating the charter of the city of New York in 1686.

        The 1625 date of the founding of New Amsterdam is now commemorated in the official Seal of New York City (formerly, the year on the seal was 1664, the year of the provisional Articles of Transfer, ensuring New Netherlanders that they "shall keep and enjoy the liberty of their consciences in religion", negotiated with the English by Peter Stuyvesant and his council).

       New York has a rich numismatic history in addition to being a world center for fashion, banking and commerce.  The Albany Church Penny, Lewis Feuchtwanger and his experiments with alternative metal compositions, the auction house of Guttag Brothers, New Netherlands Coin Company, these are all part of The Empire State's great numismatic contributions. Please peruse our site to see all of the New York related items we have within our collections.    

Coins, Banknotes, Tokens, Stocks and Exonumia from and about New York
Coins, Banknotes, Tokens, Stocks and Exonumia from and about New York
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