National Currency Collection
Sweden, Frederick I, 4 dalers : 1721
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.