1 Speciedaler - Christian IV King bust, type 1

Christian IV struck these large silver dalers during the final, diminished phase of his reign — a king who had once commanded genuine Baltic power but by 1640 was presiding over a Denmark humiliated by Sweden in the Torstenson War, which would formally conclude three years later with the Treaty of Brömsebro and the cession of substantial Norwegian territories. The speciedaler denomination itself had been adopted to align Danish coinage with the reichstaler standard circulating across the Holy Roman Empire, a fiscal pragmatism driven by the demands of warfare rather than any coherent monetary reform.

The Danica reference EC II#3670 distinguishes this as the first major bust type within the 1640 series, before Christian's portraiture was revised later in the decade.