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16 Skilling - Frederik VI Rigsbank Token
| Issuer | Denmark |
|---|---|
| Year | 1814 |
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| Value | 16 Rigsbankskilling (⅙) |
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| Composition | Log in to see details |
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| Obverse description | Crowned shield with greater arms of Denmark and its territories |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Issued in 1814 as Denmark teetered on the edge of state bankruptcy, the Rigsbank tokens were emergency fiduciary pieces authorized following the catastrophic financial collapse of 1813 — itself a direct consequence of Denmark's prolonged alliance with Napoleon. The Rigsbank, established that same year to replace the insolvent Kurantbank, issued copper tokens across multiple denominations to keep small transactions functioning while silver essentially disappeared from circulation.
The 16 skilling denomination sat at an awkward conversion point during the subsequent currency reforms, and many were redeemed at a steep discount.