Genuine Pirate Money • 1789 Indonesian Palembang Pitis Treasure Coin • RipZ First Edition Label • Graded Genuine by ICG

Tin alloy pitis coins were struck in Palembang, a major port in 18th century Indonesia that was controlled by the Dutch East India Company (VOC). Besides being a hub for the spice trade, the region was also notorious for something else—pirates.

Palembang was located along the east end of the strait, and was a standard stopping point for merchant ships. But during the Golden Age of Piracy, these ships would be routinely seized for their cargo of rare spices and money—namely Spanish reales, VOC duiten, and these Palembang pitis coins.