1 daler silvermynt, Avesta, Karl XII, 1715
This plate money has several cancellations. There is a centre stamp, with the denomination 1 daler sm (silver coin), and four corner stamps with the crowned monogram of King Karl XII. In addition, there are two re-stampings, so-called counterstamps. On the obverse, the front, we see the coat of arms of Götaland - a lion above three streams in a shield and the year 1718. On the reverse, there are the three crowns of Svealand.
The explanation for the two extra stamps is the Coinage Ordinance of 5 December 1717, which wanted to increase the willingness of the population to exchange their plate money for necessity money. The Coinage Ordinance stated that the value of plate money circulating in society would be reduced by 1/3 on 1 March 1718, while plate money in the possession of the state would retain its value.
If you didn't want to lose money on your plate money, you had to exchange it at the bank or government offices for necessity money, bonds or banknotes. To distinguish the plate money that was not exchanged and lost value from the plate money that was exchanged and retained its value, the exchanged plate money was given two counterstamps. Through the counterstamps we can see that the coin issued retained its value after 1 March.
)Object number: 123058_KMK
<
1 of 13
>