Gustav Vasa's break with Rome in 1527 left the Swedish crown in urgent need of revenue, and the confiscated wealth of the Catholic Church funded much of the early Vasa monetary program. The Type III designation reflects successive adjustments to the skilling's silver content during the 1530s as the king balanced military expenditure against the need to maintain a credible coinage — a tension that would plague the series through the decade.
Stockholm was the principal mint for this issue, though Västerås also struck skilling denominations during this period.
Gustav Vasa's break with Rome in 1527 left the Swedish crown in urgent need of revenue, and the confiscated wealth of the Catholic Church funded much of the early Vasa monetary program. The Type III designation reflects successive adjustments to the skilling's silver content during the 1530s as the king balanced military expenditure against the need to maintain a credible coinage — a tension that would plague the series through the decade.
Stockholm was the principal mint for this issue, though Västerås also struck skilling denominations during this period.