Owner Comments:
Netherlands East Indies - 1942P 1 Cent - KM #317 - Mintage:100,000,000
This coin was minted by the Philadelphia mint during World War II for the Dutch colony now known as Indonesia, and it even bears the "P" mint mark just below the date on the right side of the obverse. It also has the Palm tree privy mark (to the left of the denomination) which was used by the Dutch mints to distinguish similar looking coinage intended for the colonies from that intended for circulation in the The Netherlands where the acorn privy mark was used.. The Palm tree appears on nearly all colonial coinage even though in this case there would have been no confusion given the reverse of this coin.
An interesting characteristic of the One Cent coins in this series is that they appear to be struck with medalic rotation while all of the other denominations struck for the Netherlands East Indies were struck with the normal "coin" rotation.
This particular coin is a beautiful high grade red example of this otherwise common date.
Date acquired: 6/10/2009 (Already graded by PCGS)
Rev. 12/8/2015