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2 Riksdaler 'Krellmynt' - Frederick I 2nd portrait
| Issuer | Sweden |
|---|---|
| Year | 1723 |
| Type | Log in to see details |
| Value | 2 Riksdaler |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | FRIDERICUS • D•G • REX • SVECIÆ • (Translation: Frederick I king of Sweden by the grace of God.) |
| Reverse description | The crowned greater arms of Sweden displayed on an ornate baroque shield, supported on either side by rampant lions. The royal motto appears above the shield, while the date 1723 is inscribed below within a cartouche formed by crossed palm branches. The overall composition is richly ornamented in the elaborate heraldic style characteristic of early 18th-century Swedish silver coinage. |
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| Additional information |
The "Krellmynt" designation refers to coins struck at the Stockholm mint under the direction of Johann Krell, a German-born mintmaster whose tenure became controversial when investigations into the mint's accounts revealed significant irregularities in silver content and output records. The 1723 issue with Frederick I's second portrait represents the stabilization effort following Sweden's catastrophic financial collapse after the South Sea-adjacent crash of the Stockholm Banco and the failed monetary experiments of the early 1720s.
Frederick I himself held largely ceremonial power by this point — the Riksdag and the Council had effectively neutered royal authority following Charles XII's death in 1718.