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⅔ Riksdaler / 2 Daler Silvermynt - Gustav III
| Issuer | Sweden |
|---|---|
| Year | 1776-1777 |
| Type | Log in to see details |
| Value | 2 Daler Silvermynt = ⅔ Riksdaler |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Draped bust of Gustav III, King of Sweden, facing right, with powdered wig dressed in the late Baroque court fashion with flowing curls and a ribbon at the nape. The effigy is rendered in high relief with fine detail to the hair and drapery. The peripheral legend encircles the bust, reading from lower left to upper right across the field. |
|---|---|
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| Mintage | 1776 OL - - 151,953 1777 OL - - 88,146 |
| Additional information |
Gustav III introduced this denomination as part of his 1776 monetary reform, which attempted to rationalize Sweden's notoriously convoluted dual-currency system — one running in Riksdaler, the other in Daler Silvermynt, with an exchange rate baked directly into the face value. The fraction itself is the reform: ⅔ Riksdaler and 2 Daler Silvermynt are the same coin, the equivalence printed in metal rather than explained on paper.
The reform was also politically loaded. Gustav had seized autocratic power just four years earlier in his 1772 coup against the Riksdag, and reasserting royal control over monetary policy was part of the broader consolidation. This issue ran only two years before the specification was adjusted.