Sweden, Karl XII - 1 Daler 1718, Apollo (Sun God Phoebus)

Country: Sweden Kingdom 
King Karl XII (1682-1697-1718✟) 
Type: Standard circulation coin
Years: 1718
Value: 1 Daler Silvermynt (2/5) 
Currency: Third Riksdaler (1715-1719)
Mint: Stockholm
Mintage: 300,000
Composition: Copper
Weight: 4.18 g.
Diameter: 23 mm 
Thickness: 1 mm
Shape: Round
Orientation: Medal alignment ↑↑
Grade: F12
Reference: KM# 359

Obverse:
Rays around Sun God. Name above and date in exergue.

Lettering:
PHOEBVS
1718

Translation: Phoebus alias Apollo.

Reverse:
Value in circle within decorated wreath.

Lettering:
I.
DALER
S.M

Edge:
Corded with lozenges.

Comments:
This one and the other Daler SM coins minted during 1715-1719 were emergency coins struck during a period of hard economic crisis. Even if they bear the value of a daler they were strongly underweight (a daler in copper would have to weigh about 756 grams) that's why their minting ceased in 1719. However these emergency coins were used for a long time, before with value of 1 öre KM, and then of 1/12 skilling.

Referenz : KM# 359

Quelle : https://www.ngccoin.com/price-guide/worl...

Sammlung : Kingdom of Sweden