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16 Skilling Gold, 2 ducat equivalent Dansk - Frederik IV
| Issuer | Denmark |
|---|---|
| Year | 1713 |
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| Value | Log in to see details |
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| Composition | Gold |
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| Diameter | Log in to see details |
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| Reverse script | Latin |
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| Mint | ♥ Copenhagen, Denmark(?-1739) |
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| Additional information |
Frederik IV struck these gold pieces in 1713 during the Great Northern War, when Denmark was deeply entangled in its conflict with Sweden and the royal treasury was under considerable strain. The 16 skilling denomination in gold was a peculiar hybrid — a face value drawn from the silver accounting system, translated into a gold coin weighted to the two-ducat standard used in international trade. It was a pragmatic instrument as much as a monetary one, useful for paying mercenaries and foreign creditors who cared about bullion weight rather than Danish face values.
The OM mintmaster mark refers to Ole Morell, active at the Copenhagen mint during this period.