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1 Ducat - Gustav II Adolf

Issuer Riga, City of
Year 1623
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Technique Hammered
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Obverse script Latin
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Mintage 1623 MW
Additional information

Riga struck its own gold ducats as a nominally autonomous city under Swedish suzerainty following Gustav II Adolf's capture of the city from Poland in 1621 — a siege that effectively ended two decades of Polish-Lithuanian control over the Baltic's most commercially vital port. The city retained minting rights as part of the negotiated terms meant to secure merchant loyalty, and these ducats circulated primarily in the Baltic trade networks rather than as Swedish crown currency.

The 1623 date places this piece among the earliest Riga issues under Swedish authority, produced just two years into that arrangement. KM#13 is a genuinely scarce type; surviving examples in collectible condition are infrequently encountered at auction.

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