Sweden 1871-ST riksdaler riksmynt

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Steve Album sale 30, lot 1454
Sweden SA30-1454r.jpg

This specimen was lot 1454 in Stephen Album sale 30 (Santa Rosa, CA, January 2018), where it sold for $199.75. The catalog description[1] noted, "SWEDEN: Carl XV Adolf, 1859-1872, AR riksdaler riksmynt, 1871, initials ST, tiny reverse spot, lightly toned, EF-AU, Ex Dr. John Lund Collection." This type was struck 1860-67 and 1871 and is somewhat common. The present dynasty is descended from Charles Bernadotte, one of Napoleon's generals who defected to Sweden. Collecting Swedish coins is complicated by the multiple currency reforms the country underwent during the period. In 1798, 48 skilling = 1 riksdaler species and 2 riksdaler species = 1 ducat (the riksdaler species was 29.36 g, .878 fine silver). In 1830, 32 skilling banco = 1 riksdaler riksgald and 4 riksdaler riksgalds = 1 riksdaler species (the riksdaler species became 34 g, .750 fine silver). In 1855, the skilling was dropped and 100 öre = 4 riksdaler riksmynt = 1 riksdaler species (the riksdaler species remained unchanged). In 1873, the riksdaler species was dropped and 100 öre = 1 krona (the krona, at 7.5 g, .800 fine silver, was slightly smaller than the old riksdaler riksmynt). The system adopted in 1873 is still in use today, the Swedes having declined to adopt the euro.

Recorded mintage: 208,000, including the scarce 1871/61 overdate.

Specification: 8.5 g, .750 fine silver.

Catalog reference: KM-708, SM34.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 30, featuring the George Anderson Collection of Tibetan Coins, the Dr. John W. Lund Collection of Swedish Coins and the Mike Edwards Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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