National Currency Collection
Sweden, Frederick I, 4 dalers : 1721
Story
Pocket change that requires a wheelbarrow
Traditionally, coins were made of a precious metal. However, if what you have instead of that is lots of copper, then it might make more sense to use that. This is what Sweden did in the 17th and 18th centuries. But, because the value of the coinage was based on the value of the metal used, the average Daler ended up the size of a dinner plate. It was about this time that a Swedish Bank introduced Europe’s first bank notes, leaving the great copper coins in the vault. Until this currency failed, Swedes were able to make large purchases with a few slips of paper instead of armloads of copper.
Item Details
Categorization
Collection
Coin
Class
Modern
Name
Base metal
Form
Circulating
Locations
Country
Sweden
Denominations
4 dalers
Dates
Dated
1721
Measurements
Object
Horizontal
255.00mm
Vertical
255.00mm
Thickness
7.00mm
Materials
Object
Copper
