Sweden 1783-OL 1/3 riksdaler

Heritage sale 3029, lot 30997

This specimen was lot 30997 in Heritage sale 3029 (New York, January 2014), where it sold for $528.75. The catalog description^[1] noted, "Gustaf III 1/3 Riksdaler 1783-OL, MS65 NGC. A deeply toned and most handsome coin with flashy mint luster and no adjustment marks or other flaws. Rare when certified this high." This denomination was introduced in 1776 to replace the two mark last minted in 1754. It must have been a success, as this type was struck 1778-89 in large numbers and is common today.

Recorded mintage: 707,000.

Specification: 9.75 g, 0.878 fine silver.

Catalog reference: KM 525.

Source:

• Bjorne Ahlstrom, Yngve Almer and Bengt Hemmingson, Sveriges Mynt, 1521-1977, the Coinage of Sweden. Stockholm: Numismatika Bokforlaget AB, 1976.
• Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
• ^[1]Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.

Link to:

• 1778-OL 1/6 riksdaler
• 1779-OL 1/3 riksdaler
• 1782 4 mark largesse
• 1783-OL 1/24 riksdaler
• 1783-OL riksdaler
• 1784-OL 1/3 riksdaler
• Coins and currency dated 1783
• return to Sweden