1 Daler Silvermynt - Charles XII Mercury

The copper daler silvermynt was Sweden's emergency monetary solution to a kingdom bled dry by the Great Northern War. Charles XII, fighting on multiple fronts since 1700, had exhausted the silver reserves that gave the denomination its name — "silver money" struck in copper was the fiscal compromise. The 1718 issues are particularly loaded historically: Charles was killed at the siege of Frederikshald in November of that year, ending both the war and the absolute monarchy his father had consolidated.

KM#361 is one of several distinct daler types from this final campaign year, distinguished by the Mercury privy mark of the Stockholm mint master.