2 Mark - Frederick I

Frederick I of Sweden was, by most accounts, a king who preferred hunting and his mistresses to governance — real power during his reign rested with the Riksdag and the Hat Party, whose ascendancy in 1738 would soon drag Sweden into the disastrous war against Russia. The 2 Mark issues of the 1731–1737 window fall squarely within the Age of Liberty, when the Swedish crown was constitutionally subordinate to parliament in ways almost unprecedented among contemporary European monarchies.

The .694 silver fineness reflects ongoing Swedish monetary pragmatism following the financial wreckage of the Great Northern War, which had forced significant debasements in earlier decades.