Sweden 1663 ore KM-232.1
This specimen was lot 3680 in Stephen Album sale 39 (Santa Rosa, CA, January 2021), where it sold for $66. The catalog description[1] noted, "SWEDEN: Karl XI, 1660-1697, AE öre, 1663, small edge defect, usual planchet roughness, F-VF, S, ex Dr. John Lund Collection." The low value coinage was struck either to the koppar mynt or the silber mynt standard. Before 1633, one ore silver mynt = two öre koppar mynt but the öre silver mynt (S.M.) was raised to 2½ öre koppar mynt (K.M.) and later three öre K.M. The exchange rate was likely theoretical as Sweden was completely denuded of silver to pay for her constant wars. Sweden relied on her large supply of copper but the price of that metal was steadily falling throughout the seventeenth century. This issue of the Avesta mint, struck 1661-64, is fairly common in low grade. It is marked K.M.
Recorded mintage: unknown.
Specification: 17.7 g, copper.
Catalog reference: KM-232.1, SM-338.
- Bjorne Ahlstrom, Yngve Almer and Bengt Hemmingson, Sveriges Mynt, 1521-1977, the Coinage of Sweden. Stockholm: Numismatika Bokforlaget AB, 1976.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
- [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 39, featuring the John Sylvester, Jr., Collection of Annamese Medals and Orders, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2020.
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