Sweden 1720 daler KM-PM68

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Sedwick Treasure Auction 35, lot 678
Sed35-0678r.jpg

This specimen was lot 678 in Sedwick Treasure Auction 35 (Winter Park, FL, May 2024), where it sold for $390. The catalog description[1] noted, "SWEDEN, Avesta mint, copper 1 daler "plate money", Fredrik I, 1720. Perfectly square and mostly intact despite some corrosion (especially on edge), still with all five stamps full and clear, even light brown color, always a popular shipwreck item. With original certificate from the salvor/conservator. Recovered from: Nicobar, sunk in 1783 off South Africa." In the pre-reform Swedish coinage, 8 öre = one mark and 48 öre = one riksdaler. The SCWC lists these as made from "cannon bronze" whereas they are almost certainly made from commercially pure copper. Altho some did circulate as coin, most were exported and melted down to make other brass or bronze objects, which is why they are scarce today. This variety, bearing the stamps of Frederick I, was made 1720-50.

Recorded mintage: unknown.

Specification: copper, this specimen 633 grams, 5-1/4" x 4-3/4".

Catalog reference: KM-PM68.

Source:

  • Bjorne Ahlström, Yngve Almer and Bengt Hemmingson, Sveriges Mynt, 1521-1977, the Coinage of Sweden. Stockholm: Numismatika Bokforlaget AB, 1976.
  • Delzanno, Roberto, Myntårsboken 2022, Sveriges Mynt 995-2021, 1:a upplagen, Stockholm, 2021.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Bertel Tingstrom, Plate Money, the World's Largest Currency, Stockholm: Royal Coin Cabinet, 1986.
  • [1]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing and Connor Falk, Treasure Auction 35, World, U.S Coins and Paper Money, Winter Park, FL: Daniel Frank Sedwick LLC, 2024.

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