1 Ferding - Eric XIV Type 1, with crown

Reval's civic coinage of this period occupied an awkward political moment: the city had just placed itself under Swedish protection in 1561, ending decades of Livonian Order rule as the entire region fractured under pressure from Ivan the Terrible's ongoing Livonian War. Eric XIV, newly crowned King of Sweden, moved quickly to assert authority over his new Baltic acquisition, and the city's mint responded by incorporating the royal crown into the ferding type — a direct visual signal of the new political arrangement rather than continuity with earlier Hanseatic municipal issues.