Catalog
1 Schilling - Eric XIV Type 1, with crown
| Issuer | Reval, City of |
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| Year | 1561-1562 |
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| Diameter | 18 mm |
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| Obverse description | Central field dominated by the crowned royal cypher of Eric XIV, formed by an ornate Gothic 'E' surmounted by a large crown, with the two-digit date numerals flanking the monogram on either side. The entire device is enclosed within a beaded inner circle, surrounded by a circular Latin legend. The hammered flan is irregular in shape, typical of mid-16th-century Baltic coinage production. |
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| Reverse description | At centre, a shield bearing a long cross topped by a crown, the whole enclosed within a rope or twisted wreath border forming an inner circle. The heraldic shield with the crowned cross represents the arms of the city of Reval. A circular Latin legend surrounds the inner border, partially legible on the irregularly struck flan, reading the mint attribution of Reval. |
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Reval — modern Tallinn — issued this coin under Swedish overlordship following the city's submission to Erik XIV in 1561, when the deteriorating Livonian Confederation left the Baltic trading towns scrambling for protection. Erik accepted Reval's fealty in June of that year, and the city was permitted to retain its civic mint, producing local billon coinage under the new crown authority. The arrangement was pragmatic on both sides: Erik gained a foothold on the eastern Baltic coast without military conquest, and Reval kept its commercial infrastructure intact.
The Type 1 designation distinguishes this emission from a subsequent variant; both types fall within the same narrow two-year window before minting practices shifted.