We’ve reopened
Welcome back! Visit us every Thursday to Monday from 10:00 to 17:00 (ET).

National Currency Collection

Sweden, Frederick I, 4 dalers : 1721

Story

Pocket change that requires a wheelbarrow

Traditionally, coins were made of a precious metal. However, if what you have instead of that is lots of copper, then it might make more sense to use that. This is what Sweden did in the 17th and 18th centuries. But, because the value of the coinage was based on the value of the metal used, the average Daler ended up the size of a dinner plate. It was about this time that a Swedish Bank introduced Europe’s first bank notes, leaving the great copper coins in the vault. Until this currency failed, Swedes were able to make large purchases with a few slips of paper instead of armloads of copper.

Item Details

Categorization

Collection
Coin
Class
Modern
Name
Base metal
Form
Circulating

Locations

Country
Sweden

Denominations

4 dalers

Dates

Dated
1721

Authorities

Ruler
Frederick I

Measurements

Object

Horizontal
255.00mm
Vertical
255.00mm
Thickness
7.00mm

Materials

Object
Copper

30 Bank Street
Ottawa, ON
K1A 0G9, CANADA
613‑782‑8914