Inflation coins
Wars and wasteful kings increased state costs in the late 16th century. Copper was added to coins to eke out the silver. This is clearly visible on some of the coins (6). Money became less valuable, prices rose and Sweden’s inflation rate peaked – at 800 per cent.
, Object number1
16 öre, Stockholm, Erik XIV, 1562
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16 öre, Stockholm, Erik XIV, 1562
, Object number3
16 öre, Stockholm, Erik XIV, 1563
, Object number4
4 öre, Stockholm, Johan III, 1581
, Object number5
öre, Stockholm, Johan III, 1569
, Object number6