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1 Daler 'Kronan' - Gustav Vasa
| Issuer | Sweden |
|---|---|
| Year | 1534 |
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| Composition | Silver (.953) |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | GOSTAV9 : D:G : SVE | C | IE : GOTHOZQ3 : R(E) (Translation: Gustav King of Sweden and of the Goths by the Grace of God) |
| Reverse description | A crowned quartered coat of arms of Sweden occupies the center of the design, enclosed within an inner circle; the first and fourth quadrants display the Three Crowns of Sweden, while the second and third bear the Folkung Lion rampant. A small inescutcheon at the center of the shield bears the Vasa sheaf arms. The date 1534 is divided at the sides of the shield within the inner circle. The Latin legend, referencing divine authority and the assay weight in lots, runs outside the circle around the periphery of the field. |
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| Additional information |
The 'Kronan' daler was Sweden's first attempt at producing a large-format silver coin competitive with the German Joachimsthalers flooding Baltic trade in the early sixteenth century. Gustav Vasa authorized the issue partly to assert fiscal independence from the Hanseatic League, whose merchants had long dominated northern commerce and were perfectly happy to keep Swedish silver flowing out of the country in raw or foreign-minted form.
Surviving examples are genuinely rare. The 1534 striking represents the earliest phase of Swedish daler production, before the Stockholm mint had fully mastered the dies and blanks required for consistent output at this module.