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5 Kronor - Oscar II

Issuer Royal Mint of Sweden (Kungliga Myntet)
Year 1881-1899
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Value 5 Kronor (5 SEK)
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Obverse description Unadorned right-facing effigy of King Oscar II, depicted with curly hair and a full beard, in high relief against a flat field. The engraver's initials LA appear on the truncation of the bust. The peripheral legend OSCAR II SVERIGES OCH NORGES KONUNG curves around the upper rim within a beaded border, identifying the king as ruler of Sweden and Norway. The four-digit date is shown in the lower exergue, flanked on each side by a small five-pointed star.
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Obverse lettering OSCAR II SVERIGES OCH NORGES KONUNG LA *1882*
(Translation: Oscar II, King of Sweden and Norway)
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Additional information

Oscar II was deeply resistant to the Scandinavian Monetary Union when Denmark, Sweden, and Norway formalized it in 1873, yet it was ultimately Swedish fiscal pressure — not diplomatic enthusiasm — that drove adoption. This 5 Kronor gold piece exists precisely because the Union standard demanded a unified coin metric, forcing Sweden to retire its riksdaler-based coinage entirely.

The type had a notoriously short effective life in active commerce. Gold hoarding accelerated sharply after 1914, and most surviving examples saw minimal hand-to-hand circulation.

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