1 Krona - Carl XVI Gustaf 40 years of Reign

Issued to mark Carl XVI Gustaf's forty years on the throne — he acceded in September 1973 at age twenty-seven following the death of his grandfather Gustaf VI Adolf — this commemorative krona was struck by the Royal Mint of Sweden (Myntverket) shortly before the facility was privatized and production shifted to Finland. The timing was unremarkable politically, though the reign itself had seen Sweden's monarchy constitutionally stripped of all formal governmental powers under the 1974 Instrument of Government, leaving the king a purely ceremonial head of state.