Sweden 1862-ST 2 riksdaler riksmynt

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Künker sale 400, lot 661

This specimen was lot 661 in Künker sale 400 (Berlin, February 2024), where it sold for €6,500 (about US$8,433 including buyer's fees). The catalog description[1] noted,

"SCHWEDEN, KÖNIGREICH, Karl XV. 1859-1872. 2 Riksdaler Riksmynt 1862, Stockholm. Münzmeister Sebastian Tham. Stempelschneider Lea Ahlborn. Mit vertiefter Randschrift. In US-Plastikholder der NGC mit der Bewertung PF 63 CAMEO (5962573-004). Prachtexemplar. Polierte Platte, min. berührt. (kingdom of Sweden, Charles XV, 1859-72, double riksdaler riksmynt of 1862, Stockholm mint, with lettered edge. Graded NGC PF63 CAMEO, choice example, polished fields, light hairlines.)"

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, 0.878 fine silver). In 1830, 32 skilling banco = 1 riksdaler riksgald and 4 riksdaler riksgalds = 1 riksdaler species (the riksdaler species became 34 g, 0.750 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, 0.800 fine silver, was slightly smaller than the old riksdaler riksmynt). The system adopted in 1873 is still in use today, the Swedes having recently declined to adopt the euro. This type was also struck in 1864 and 1871; all dates are scarce to rare.

Recorded mintage: 640.

Specification: 17 g, 0.750 fine silver.

Catalog reference: KM 714, SM (2022) 25 (R).

Source:

  • Bjorne Ahlström, Yngve Almer and Bengt Hemmingson, Sveriges Mynt, 1521-1977, the Coinage of Sweden. Stockholm: Numismatika Bokförlaget AB, 1976.
  • Delzanno, Roberto, Myntårsboken 2022, Sveriges Mynt 995-2021, 1:a upplagen, Stockholm, 2021.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Siegs Møntcatalog 2016: Danmark med Omrader, 48 ed., Frederikssund, Siegs Forlag ApS, 2015.
  • [1]Künker, Fritz Rudolf, Horst-Rudiger Künker, Ulrich Künker and Andreas Kaiser, Katalog 400: Selected löser of the Dukes of Guelph from the Friedrich Popken Collection | Numismatic treasures from the Medieval and Modern Times, a. o. "multiple portraits" from a Westphalian private collection, Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2024.

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