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2 Mark - Charles XI
| Issuer | Sweden |
|---|---|
| Year | 1677-1697 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Draped bust of King Charles XI facing right, with long flowing curly hair falling to the shoulders and an ornate lace cravat visible at the truncation. The effigy is rendered in high relief in a bold Baroque style. The circular legend reads CAROLVS · XI · D · G · REX · SVE · (Charles XI, by the Grace of God, King of Sweden), distributed around the periphery of the coin. |
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| Reverse script | Latin |
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| Additional information |
Charles XI issued this coin during a period of sweeping fiscal reorganization — the reduktion of the 1680s, through which the crown clawed back vast noble landholdings and rebuilt state finances after decades of aristocratic dominance. The policy transformed Sweden from a near-bankrupt kingdom into one of the more solvent states in northern Europe by the 1690s, and the coinage of this period reflects that stabilization in both regularity of output and metal consistency.
The .694 fineness was a deliberate step down from earlier Swedish silver standards, set during monetary reforms that balanced bullion conservation against the need for circulating coin.