1 Ferding - Eric XIV Type 1, without crown

Eric XIV inherited the Swedish throne in 1560 and almost immediately found himself navigating the political complexity of Reval's submission to Swedish protection — the city formally accepted Swedish overlordship in June 1561, escaping the collapse of the Livonian Confederation and the advancing threat of Muscovite forces under Ivan the Terrible. These ferdings were struck under that new arrangement, with Reval retaining its own municipal coinage rights even as Swedish authority displaced the old Livonian Order's political structure.

The Type 1 designation — without crown — reflects an early transitional die choice before the crowned variant superseded it, likely within the same two-year window. Haljak's numbering places this among the first issues of the Swedish period in Reval.