1 Ducat - Christian V

Christian V issued ducats primarily for diplomatic and ceremonial purposes — these coins moved through the hands of foreign dignitaries and court officials far more often than they touched the pockets of ordinary Danes. The 1692 issue falls within the period of Christian's aggressive consolidation of absolute monarchy, formalized under the Kongeloven of 1665, which had made the Danish crown the most legally absolute in Europe.

The .979 fineness is characteristic of the Dutch-standard ducat that had become the de facto trade coin across northern European courts and Baltic markets by the late seventeenth century.