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1 Öre Silvermynt - Charles XI
| Issuer | Sweden |
|---|---|
| Year | 1669-1673 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | 1. ÖR. S:M: |
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| Mintage | 1669 - Rose - 1,985,696 1673 - Fleur-de-lis - 1673 - Large star - 1673 - Rose - 3,219,008 1673 - Small star - |
| Additional information |
The "Silvermynt" designation on a copper coin is not a contradiction — it reflects Sweden's monetary accounting system, in which copper coins were officially valued by reference to silver currency units despite containing none. Charles XI inherited this arrangement from his father's disastrous experiment with copper-plate money, the massive klippings and plåtmynts that had destabilized Swedish commerce for decades. The 1 öre silvermynt denomination was an attempt to rationalize that chaos into something manageable.
KM#264 is among the heavier small-denomination coins ever struck for general circulation in northern Europe, a direct consequence of copper's low intrinsic value forcing physical bulk to approximate face value.