Catalog
1 Kroon
| Issuer | Estonia |
|---|---|
| Year | 1934 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | EESTI VABARIIK 1934 (Translation: Republic of Estonia) |
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| Reverse lettering | 1 KROON |
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| Additional information |
The 1934 kroon was struck during a pivotal year in Estonian politics: on March 12th of that year, Konstantin Päts executed a bloodless coup, dissolving parliament and ruling by decree. Coin production continued uninterrupted — the monetary system was one institution Päts had no interest in disrupting. Estonia's kroon had been pegged to the Swedish krona since its introduction in 1928, a deliberate policy choice that gave the young republic's currency credibility it could not otherwise have commanded on its own.