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1 Rigsbankskilling - Frederik VI
| Issuer | Denmark |
|---|---|
| Year | 1813 |
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| Composition | Log in to see details |
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| Reference(s) | KM#680 |
| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | FRIDERICUS VI DEI GRATIA REX (Translation: Frederick VI King by the Grace of God) |
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| Edge | Plain |
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| Additional information |
1813 was the year Denmark effectively went bankrupt. The state had backed Napoleon through the Continental System, the British naval blockade had strangled Copenhagen's trade, and by January the government was forced to establish the Rigsbank as a replacement for the collapsed Kurantbank — a monetary reset so drastic it required an entirely new denomination system, the Rigsbankskilling among them. This coin is a direct artifact of that fiscal collapse.
Frederik VI had assumed full royal power in 1808 after his father Christian VII's long incapacitation, inheriting a kingdom already deep in debt. The Rigsbank issues of 1813 were struck in copper precisely because silver reserves were exhausted.