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.
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.