1/2 skilling riksgälds, Avesta, Gustav IV Adolf, 1801

During the reign of Gustav IV Adolf, there was a great shortage of copper credit coins. To solve the problem, the National Debt Office minted copper tokens in the denominations of ½ skilling and ¼ skilling between 1799 and 1802. The National Debt Office had been founded in 1789 to bring order to the state's finances and it had issued banknotes since its inception, which were originally promissory notes but quickly became popular as ordinary banknotes. In 1802, the Crown, the state, resumed minting credit money, now in the denomination skilling.

Image rights: Helena Bonnevier, Ekonomiska museet - Kungliga myntkabinettet/SHM (CC BY 4.0)

Object number: 116925_KMK

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