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2 Riksdaler "Krellmynt" - Frederick I 2nd portrait

Features

Issuer Sweden
King Frederick I (Friedrich I) (1720-1751)
Type Standard circulation coins
Year 1723
Value 2 Riksdalers
Currency Fourth riksdaler (1719-1798)
Composition Silver (.878)
Weight 58.5 g
Diameter 41.45 mm
Shape Round
Demonetized Yes
Number
N#
107089
References KM# 396
Standard Catalog of World Coins (86 volumes).

Obverse

Bust of King Fredrik I with long and curly hairs divides legend. King is wearing an ornate armor with shoulder ribbons and a drape above (with brooch).

Lettering: FRIDERICUS • D•G • REX • SVECIÆ •

Translation: Frederick I king of Sweden by the grace of God.

Reverse

Crowned greater arms of Sweden in ornate shield held by lion supporters at sides. The date is below, in cartouche made by palm crossed branches. Above the shield is the King's motto.

Lettering:
Gud Mitt Hopp .
1723

Translation: God is my hope.

Edge

Smooth with lettering

Lettering: MANIBUS NE LAEDAR AVARIS

Comments

The so-called "Krellmynten" is a series of riksdaler denominations (2, 1 and ½ Rd) from 1723 which was marked in very small mintage. Were used stomps from 1 Riksdaler giving it double thickness to turn into 2 Riksdalers; with same process 1/2 riksdaler stomps became 1 Riksdaler and 1/4 riksdaler stomps 1/2 Riksdaler. The Responsible for the Governor Treasure Paul Krell did it on his own and this prompted receive the blame of Administrative Services Agency. All the krellmynt were retired from circulation and very few survived. Because mintage were so small the Swedish Crown had not suffered any money loss as it sounded, so the matter pass without further action

See also

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Date VG F VF XF AU UNC
1723  Very few pieces known

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Numista Rarity index: 94 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.
Bullion value: USD 111.88 Search tips
This value is given for information purpose only. It is based on a price of silver at 2178 USD/kg. Numista does not buy or sell coins or metal.
Actual silver weight: 1.651 oz
Current silver price: 67.75 USD/oz (see silver price )

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