Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
>
Reply to Thread
Message:
<p>[QUOTE="Kimotej, post: 3018632, member: 83864"][ATTACH=full]749976[/ATTACH]</p><p>My coins are not anywhere near the fine specimens that are posted by other members, but here is an example of the <b>first </b>series (of three) of the <b>1/6 öre silver </b>coins (in <b>copper</b>) of <b>Sweden´s Karl XI </b>(Charles 11th) who ruled from 1660-1697. His rule was famous for the very large plate money of up to 12 kilos each, and numismatically for the nice Dukats in gold, Marks in silver, and for the many varieties of especially the Öre denominations.</p><p><br /></p><p>This first series (1666-1673) are 25-26 mm in diameter and ther weight is 7.1 grams.</p><p>(2nd series (1674-1680) 25 mm and 7.1 grams; 3rd series (1681-1686) 25-25.5 mm and 6.7 grams). </p><p>The last year of the 1st series has the new feature from the 2nd series - a star in the value (16*73). This example is without the star. </p><p><br /></p><p>6 pieces of 1/6 öre <b>silver coin in copper</b> equaled <b>1 öre silver coin in copper</b> (1st series 46-47 mm 49.4 grams; 2nd series 45-46 mm 42.5 grams; 3rd series 46-49.8 mm 40.5 grams). The <b>1 öre</b> <b>copper coin (in copper) </b>was only 32-33.5 mm and 17.7 grams. During the same period was also minted a <b>1 öre silver coin in silver </b>with a diameter of 18-19 mm weighing 1.23 grams in Ag 313/1000. A fun thing is that the 2 öre coin (silver) with twice the value, only weighed 1.76 grams in Ag 444/1000. The difference is rather big, and therefore people could acquire lots of the one coin and get a higher silver value relatively to the other coin. Just like the silver coins that people still seem to get as change today. </p><p><br /></p><p>This has been done during all of history, as market values have changed for different goods, be it metals, foods or anything else traded.</p><p><br /></p><p>When the coin pictured were used, as in most places at that time, coins in gold, silver and copper circulated simultaneously, and the weight had to be equivalent to the value of the metal in them and represent agreed upon shares of the value of each metal = coin. Thus, the value of the metal had to be what was printed on the coin. </p><p>As the market values of the different metals changed, along with the corrresponding values in the coin and relative values between the coins, the money every now and then had to be divided differently as to the relativity of the shares. (I hope my Scandinavian English makes sence and is understood... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Money counting and values of coins in days gone by (still today in many senses actually) is a complicated thing, and their relative values often changed because of for example wars, lack of actual coins or metals to manufacture them, and resulted therefrom in form of value changes, oftentimes to the worse. The coins from then differ very much from the ones used today in the sense that the value had to be what was printed on them. That is, as we all know, a silver dollar had to consist of silver to the amount (weight) of one dollar. </p><p><br /></p><p>A problem occured when coins of copper were introduced. The value of the metal rose and sank in the worlds markets and therefore the value of the copper coin changed realtively towards the silver coin. At times when the copper price rose, plate money and change in copper were shipped out of the country and was melted for a good profit. When the copper price came down, the value of the copper coins on the market also plummeted. </p><p><br /></p><p><b>A short example of how the Swedish coins were related to each other:</b></p><p><br /></p><p>During the Middle Ages in Sweden the weight unit Mark was used, which was divided into 192 shares. In Svealand (part of Sweden) it was counted as follows: </p><p><br /></p><p>1 Mark = 8 Öre</p><p>1 Öre = 24 Penningar</p><p>Therefore, 1 Mark = 192 Penningar</p><p>This system lived far into the 18th century.</p><p><br /></p><p>During the whole Middle Ages 1 Öre was also divided into 3 Örtugar. </p><p><br /></p><p>1 Mark was everywhere divided into 8 öre, but 1 öre was divided differently in different areas within the Swedish Empire:</p><p><br /></p><p>Svealand 1 öre = 24 Penningar</p><p>Götaland 1 öre = 48 Penningar</p><p>Linköping including Öland and Gotland 1 öre = 36 Penningar</p><p>From the end of the 13th century 1 öre equaled 24 Penningar over the whole country.</p><p><br /></p><p><b>Now it gets interesting!</b></p><p><br /></p><p>In 1534 the first Dalers (guess where the word Dollar is derived from!) and Mark coins were minted. (Though even earlier some of the greater coins hade been made, but these are not couted among the regular mintings.)</p><p>The relation between values were 1 Daler = 3 Mark, 1 Mark = 8 Öre.</p><p><br /></p><p>In the beginning of Gustav Vasa´s rule (Gustav I) Örtugs and Fyrks were minted. </p><p>1 Örtug = 1/2 Öre and 1 Fyrk = 1/4 Öre.</p><p><br /></p><p>In 1540 the Fine Weight in silver of the Mark money was lowered, resulting in 1 Daler = 3 1/2 Mark.</p><p><br /></p><p>Johan III´s rule (son of Gustav Vasa) was the times of the worst inflation that has ever occured in the country. The value of the Daler coins sank like Titanic all the way to 38 Marks to 1 Daler during the worst inflation in 1592. After the death of Johan the rate was again 1 Daler = 4 Marks. </p><p><br /></p><p>During the time of Karl IX (king 1604-1611) there were two different Dalers: the Riksdaler and the "Swedish" Daler. The Daler equaled to 4 Marks and the Riksdaler was worth 6 Marks = 48 Öre.</p><p><br /></p><p>When Gustav II Adolf came along (king 1611-1632) he minted vast amounts of copper coins, thus making the value of the Riksdaler rise to 52 Öre because of the scarce availability of the silver coins. As Kristina ("King without pants" 1632-1654) again minted more silver coins, the value of the Riksdaler returned back to 48 Öre. </p><p><br /></p><p>As copper coins now overflowed the land and the price of copper sank, their value was lowered accordingly. 1 Daler silver coin now had the value of 2 Dalers copper coin. A few years later the rate sank into 2 1/2 Dalers copper coin. In 1664 the value had diminshed into 3 copper Dalers. This rate stayed more or less the same until the big coin change in 1776.</p><p><br /></p><p><b>Now it gets more complicated = fun!</b></p><p><br /></p><p>We have now got to circa 1665. During the times after this the relative values of the different coins becomes more intricate. Here follows a simplified short version of each value until 1776.</p><p><br /></p><p>* The Dukat (gold) had from the beginning the value of 100 öre. From ca 1680-1715 it rose to 128 öre, 1715-1719 -> 160 öre, and 1719-1776 -> 192 öre.</p><p><br /></p><p>* The value of the Riksdaler rose in 1664 to 52 öre, and 1681 again to 64 öre. During the last years of Karl XII (king 1697-1718) it equaled 96 öre, which remained stable until the big money reform in 1776.</p><p><br /></p><p>* The Carolin (= 2 Marks silver) rose from 16 öre to 18 2/3 öre during the years 1681-1685. Later it rose to 20 öre and in the end the value reached 25 öre to 2 Marks. </p><p><br /></p><p>During <b>The big money reform</b> in 1776 the old coin system was rejected and 1 Riksdaler now equaled 48 Skillings. 1 Skilling = 12 Rundstycken.</p><p><br /></p><p>The Riksgäldskontoret was founded in 1789 and the same year the state office began issuing paper money. Since these bank notes were not exchangeble for silver, and because way too many notes were issued, their value went down. To be able to distinguish the Riksgäldskontoret notes from the Riksens Ständers Bank notes, the word "Riksgälds" was added to the sum. </p><p>1 Riksdaler in banco notes = 1 1/2 Riksdaler Riksgälds.</p><p>A difference was also made between banco notes of the values Riksdaler and Skilling banco relative to silver coins of the value Riksdaler Specie (specie = "clinking" coins).</p><p>1 Riksdaler Specie = 128 Skilling banco or 1 2/3 Riksdaler banco. 1 Dukat was about 5 Riksdaler Specie and 32 Skilling banco. </p><p><br /></p><p>In 1855 the decimal system was introduced into the coin system and 1 Riksdaler Riksgälds gets the name Riksdaler Riksmynt which equals 100 öre. 1 Dukat is now 8 Riksdaler and 25 öre. 1 Carolin (10 Francs) = 7 Riksdaler and 10 öre.</p><p><br /></p><p>1873 the Krona is introduced which equals 100 öre. This system is used still today, though the öre is mere a digital value and are not minted anymore. No öre coins have been produced since 2009 and can no longer be used.[/QUOTE]</p><p><br /></p>
[QUOTE="Kimotej, post: 3018632, member: 83864"][ATTACH=full]749976[/ATTACH] My coins are not anywhere near the fine specimens that are posted by other members, but here is an example of the [B]first [/B]series (of three) of the [B]1/6 öre silver [/B]coins (in [B]copper[/B]) of [B]Sweden´s Karl XI [/B](Charles 11th) who ruled from 1660-1697. His rule was famous for the very large plate money of up to 12 kilos each, and numismatically for the nice Dukats in gold, Marks in silver, and for the many varieties of especially the Öre denominations. This first series (1666-1673) are 25-26 mm in diameter and ther weight is 7.1 grams. (2nd series (1674-1680) 25 mm and 7.1 grams; 3rd series (1681-1686) 25-25.5 mm and 6.7 grams). The last year of the 1st series has the new feature from the 2nd series - a star in the value (16*73). This example is without the star. 6 pieces of 1/6 öre [B]silver coin in copper[/B] equaled [B]1 öre silver coin in copper[/B] (1st series 46-47 mm 49.4 grams; 2nd series 45-46 mm 42.5 grams; 3rd series 46-49.8 mm 40.5 grams). The [B]1 öre[/B] [B]copper coin (in copper) [/B]was only 32-33.5 mm and 17.7 grams. During the same period was also minted a [B]1 öre silver coin in silver [/B]with a diameter of 18-19 mm weighing 1.23 grams in Ag 313/1000. A fun thing is that the 2 öre coin (silver) with twice the value, only weighed 1.76 grams in Ag 444/1000. The difference is rather big, and therefore people could acquire lots of the one coin and get a higher silver value relatively to the other coin. Just like the silver coins that people still seem to get as change today. This has been done during all of history, as market values have changed for different goods, be it metals, foods or anything else traded. When the coin pictured were used, as in most places at that time, coins in gold, silver and copper circulated simultaneously, and the weight had to be equivalent to the value of the metal in them and represent agreed upon shares of the value of each metal = coin. Thus, the value of the metal had to be what was printed on the coin. As the market values of the different metals changed, along with the corrresponding values in the coin and relative values between the coins, the money every now and then had to be divided differently as to the relativity of the shares. (I hope my Scandinavian English makes sence and is understood... :-) Money counting and values of coins in days gone by (still today in many senses actually) is a complicated thing, and their relative values often changed because of for example wars, lack of actual coins or metals to manufacture them, and resulted therefrom in form of value changes, oftentimes to the worse. The coins from then differ very much from the ones used today in the sense that the value had to be what was printed on them. That is, as we all know, a silver dollar had to consist of silver to the amount (weight) of one dollar. A problem occured when coins of copper were introduced. The value of the metal rose and sank in the worlds markets and therefore the value of the copper coin changed realtively towards the silver coin. At times when the copper price rose, plate money and change in copper were shipped out of the country and was melted for a good profit. When the copper price came down, the value of the copper coins on the market also plummeted. [B]A short example of how the Swedish coins were related to each other:[/B] During the Middle Ages in Sweden the weight unit Mark was used, which was divided into 192 shares. In Svealand (part of Sweden) it was counted as follows: 1 Mark = 8 Öre 1 Öre = 24 Penningar Therefore, 1 Mark = 192 Penningar This system lived far into the 18th century. During the whole Middle Ages 1 Öre was also divided into 3 Örtugar. 1 Mark was everywhere divided into 8 öre, but 1 öre was divided differently in different areas within the Swedish Empire: Svealand 1 öre = 24 Penningar Götaland 1 öre = 48 Penningar Linköping including Öland and Gotland 1 öre = 36 Penningar From the end of the 13th century 1 öre equaled 24 Penningar over the whole country. [B]Now it gets interesting![/B] In 1534 the first Dalers (guess where the word Dollar is derived from!) and Mark coins were minted. (Though even earlier some of the greater coins hade been made, but these are not couted among the regular mintings.) The relation between values were 1 Daler = 3 Mark, 1 Mark = 8 Öre. In the beginning of Gustav Vasa´s rule (Gustav I) Örtugs and Fyrks were minted. 1 Örtug = 1/2 Öre and 1 Fyrk = 1/4 Öre. In 1540 the Fine Weight in silver of the Mark money was lowered, resulting in 1 Daler = 3 1/2 Mark. Johan III´s rule (son of Gustav Vasa) was the times of the worst inflation that has ever occured in the country. The value of the Daler coins sank like Titanic all the way to 38 Marks to 1 Daler during the worst inflation in 1592. After the death of Johan the rate was again 1 Daler = 4 Marks. During the time of Karl IX (king 1604-1611) there were two different Dalers: the Riksdaler and the "Swedish" Daler. The Daler equaled to 4 Marks and the Riksdaler was worth 6 Marks = 48 Öre. When Gustav II Adolf came along (king 1611-1632) he minted vast amounts of copper coins, thus making the value of the Riksdaler rise to 52 Öre because of the scarce availability of the silver coins. As Kristina ("King without pants" 1632-1654) again minted more silver coins, the value of the Riksdaler returned back to 48 Öre. As copper coins now overflowed the land and the price of copper sank, their value was lowered accordingly. 1 Daler silver coin now had the value of 2 Dalers copper coin. A few years later the rate sank into 2 1/2 Dalers copper coin. In 1664 the value had diminshed into 3 copper Dalers. This rate stayed more or less the same until the big coin change in 1776. [B]Now it gets more complicated = fun![/B] We have now got to circa 1665. During the times after this the relative values of the different coins becomes more intricate. Here follows a simplified short version of each value until 1776. * The Dukat (gold) had from the beginning the value of 100 öre. From ca 1680-1715 it rose to 128 öre, 1715-1719 -> 160 öre, and 1719-1776 -> 192 öre. * The value of the Riksdaler rose in 1664 to 52 öre, and 1681 again to 64 öre. During the last years of Karl XII (king 1697-1718) it equaled 96 öre, which remained stable until the big money reform in 1776. * The Carolin (= 2 Marks silver) rose from 16 öre to 18 2/3 öre during the years 1681-1685. Later it rose to 20 öre and in the end the value reached 25 öre to 2 Marks. During [B]The big money reform[/B] in 1776 the old coin system was rejected and 1 Riksdaler now equaled 48 Skillings. 1 Skilling = 12 Rundstycken. The Riksgäldskontoret was founded in 1789 and the same year the state office began issuing paper money. Since these bank notes were not exchangeble for silver, and because way too many notes were issued, their value went down. To be able to distinguish the Riksgäldskontoret notes from the Riksens Ständers Bank notes, the word "Riksgälds" was added to the sum. 1 Riksdaler in banco notes = 1 1/2 Riksdaler Riksgälds. A difference was also made between banco notes of the values Riksdaler and Skilling banco relative to silver coins of the value Riksdaler Specie (specie = "clinking" coins). 1 Riksdaler Specie = 128 Skilling banco or 1 2/3 Riksdaler banco. 1 Dukat was about 5 Riksdaler Specie and 32 Skilling banco. In 1855 the decimal system was introduced into the coin system and 1 Riksdaler Riksgälds gets the name Riksdaler Riksmynt which equals 100 öre. 1 Dukat is now 8 Riksdaler and 25 öre. 1 Carolin (10 Francs) = 7 Riksdaler and 10 öre. 1873 the Krona is introduced which equals 100 öre. This system is used still today, though the öre is mere a digital value and are not minted anymore. No öre coins have been produced since 2009 and can no longer be used.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...