Sweden, Karl XII - 1 Daler, Publica Fide, 1716

Country: Kingdom of Sweden
King Carl XII (1682-1697-1718✟) 
Type: Standard circulation coin
Years: 1716
Value: 1 Daler Silvermynt (2/5) 
Currency: Third Riksdaler (1715-1719)
Mint: 
Mintage: 3,808,600
Composition: Copper
Weight: 6.94 g.
Diameter: 22.5 to 23 mm 
Thickness: 1.9 mm
Shape: Round
Orientation: Medal alignment ↑↑
Grade: F15
References: KM# 354

Obverse:
Seated figure of Mother Svea (personification of Sweden); Latine legend and date below, in exergue.

Lettering:
PVBLICA • FIDE •
1716

Translation: Public trust.

Reverse:
Value on three lines.

Lettering:
I.
DALER
S.M.

Edge:
Oblique reeded.

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.

Référence : KM# 354

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

Collection : Kingdom of Sweden