Sweden 1889-EB krona

Stack's Bowers 2024 NYINC sale, lot 58502

This specimen was lot 58502 in Stack's Bowers NYINC sale (New York, January 2024), where it sold for $960. The catalog description^[1] noted, "SWEDEN. krona, 1889-EB. Stockholm Mint. Oscar II. NGC MS-64." 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 ducat was a gold coin and the riksdaler species was 29.36 g, .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 ore = 4 riksdaler riksmynt = 1 riksdaler species (the riksdaler species remained unchanged). In 1873, the riksdaler species was dropped and 100 ore = 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. The type is noted for 1877-89. This date is common in worn condition but scarce nice. The SCWC notes a variety, "Lock of hair below 'NO' in 'NORGES'", as rare.

Recorded mintage: 425,000.

Specification: 7.5 g, 0.800 fine silver, 25 mm diameter.

Catalog reference: KM-747.

Source:

• Bjorne Ahlstrom, Yngve Almer and Bengt Hemmingson, Sveriges Mynt, 1521-1977, the Coinage of Sweden. Stockholm: Numismatika Bokforlaget AB, 1976.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, January 2024 NYINC Auction, featuring the Emilio M Ortiz Collection and a Symphony of Russian Rarities, the Rothschild-Piatigorsky Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

Link to:

• 1888 krona
• 1889 2 öre
• 1889 5 öre
• 1889 20 kronor
• 1890 krona
• Coins and currency dated 1889