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1 Riksdaler - Charles XII Type III

Issuer Sweden
Year 1713
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Value 1 Riksdaler
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Obverse lettering CAROLVS•XII•D•G• REX•SVE•
Reverse description Central crowned coat of arms of Sweden displaying the three crowns and the Folkung lion, flanked on each side by standing lion supporters. The date and mintmaster's initials appear below the shield in the exergue. A motto legend in a combination of Latin and Swedish Fraktur script encircles the design. Type III is distinguished from Type I (small crown and small lions) and Type II (larger crown and lions) by its characteristic crown and supporter proportions.
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Additional information

Charles XII was at Bender in Ottoman exile when this coin was struck, having fled there after the catastrophic defeat at Poltava in 1709. Sweden's treasury was in ruins, its Baltic empire collapsing under simultaneous pressure from Russia, Denmark, and Saxony-Poland. The Type III designation distinguishes this issue from earlier riksdaler strikes by subtle die modifications made at the Stockholm mint during the wartime fiscal emergency.

Silver fineness dropped across successive issues as bullion supplies tightened — .878 is notably lower than pre-Poltava production standards.

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