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4 Daler - Karl 'Lord Protector'

Issuer Kingdom of Sweden
Year 1600
Type Standard circulation coin
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Reverse description The reverse displays the crowned Swedish royal coat of arms as a quartered shield, featuring the three crowns of Sweden and the lion of the Folkung dynasty in alternating quarters, consistent with late 16th-century Swedish heraldic convention. The shield is surmounted by a royal crown. The circular legend surrounding the shield reads CAROLUS D G SVEC GOTH VAN REX ET PRINCEPS HÆREDITARIUS, identifying Karl as King of the Swedes, Goths, and Vandals and hereditary prince, with the date 1600 incorporated into the legend. The entire composition is executed in the hammered style typical of large Swedish silver coinage of the period.
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Additional information

Karl, Duke of Södermanland, had not yet formally taken the Swedish throne when this piece was struck — he ruled as regent following the deposition of his nephew Sigismund III, who refused to abandon Catholicism. The "Lord Protector" title on this issue reflects that legally ambiguous interregnum; Karl would not be crowned Karl IX until 1604. Large silver multiples of this type were as much political instruments as currency, circulating among the nobility and foreign courts where the legitimacy question was very much unresolved.

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