This type was minted in Holland in five years between 1748 and 1762. 

The lion holds seven arrows, representing the seven provinces of the United Dutch Republic (Gelre, Holland, Zeeland, Utrecht, Overijsel, West Friesland and Groningen). Though the provinces struck their own coinage, they were mostly uniform in denomination, content and design - with the most apparent differences found in the legend, to identify the province of origin.  Similar coinage was also issued by the Vereenigde Oostindische Compagnie - Dutch East Indies Co. (easily identified by the initials VOC beneath the obverse arms as well as, to a far lesser extent, the Geoctroyeerde Westindische Compagnie - West Indies Co. (Identified by the letter W placed similar).