Catalog
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| Issuer | Denmark |
|---|---|
| Year | 1694-1696 |
| Type | Standard circulation coin |
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|---|---|
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| Reverse description | Central device consists of a crowned ornate oval cartouche bearing the quartered arms of Denmark, richly ornamented and resting upon a cross pattée. Suspended from the lower portion of the shield is the collar and badge of the Order of the Elephant, rendered in fine relief. The denomination IIII MARCK DANSKE appears in the field at either side of the shield, with the date terminating the legend along the rim. The overall composition is typical of the elaborate heraldic style employed on Danish silver coinage of the reign of Christian V. |
| Reverse script | Latin |
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| Additional information |
Christian V's monetary reforms of the 1670s–80s attempted to standardize Danish silver coinage under pressure from mercantilist advisors pushing for a self-sufficient monetary system less dependent on German specie. The Type II laurel wreath variety replaced the earlier crown type mid-run, a shift driven by court taste rather than economic necessity. The three-year window of 1694–96 was also marked by Denmark's costly entanglement in the Nine Years' War, with silver supplies strained by military expenditure.
The .671 fineness is notably below the contemporary Reichsthaler standard, a deliberate debasement that contemporary merchants in Hamburg and Lübeck recognized immediately.