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2 Riksdaler 'Krellmynt' - Frederick I 2nd portrait

Uitgever Sweden
Jaar 1723
Type Log in om details te zien
Waarde 2 Riksdaler
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Opschrift voorzijde FRIDERICUS • D•G • REX • SVECIÆ •
(Translation: Frederick I king of Sweden by the grace of God.)
Beschrijving keerzijde 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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Aanvullende informatie

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.

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