½ Öre - Erik XIV 1561-1568 front ½ Öre - Erik XIV 1561-1568 back
½ Öre - Erik XIV 1561-1568 photo
© Heritage Auctions

½ Öre - Erik XIV

 
Billon (.141 silver) 1.67 g 20 mm
Description
Issuer
Sweden
King
Eric XIV (1560-1568)
Type
Standard circulation coin
Years
1561-1568
Value
½ Öre (1⁄64)
Currency
Daler (1534-1593)
Composition
Billon (.141 silver)
Weight
1.67 g
Diameter
20 mm
Shape
Round
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#31345
Rarity index
86%

Reverse

Shield with Vasa Arms within circle. Legend outside

Script: Latin

Lettering: + MONE.NOVA.STOKHOLM

Translation: New coin of (the city of) Stockholm

Comment

Example of closed crown and simple shield:

Interesting fact

One interesting fact about the ½ Öre coin from Sweden, minted during the reign of Erik XIV (1561-1568), is that it was made of Billon, an alloy of copper and silver, which was a common practice in Europe during the 16th century. The use of Billon in coinage was a way to stretch the limited supply of silver, while still maintaining the value of the coin. Despite being made of a base metal, the ½ Öre coin still held a significant value, with its weight of 1.67 grams and its silver content of 0.141. This coin is a fascinating example of how coinage has evolved over time, adapting to the available resources and economic needs of different societies.

Price

Date Mintage VG F VF XF AU UNC
1563  407800 - - - - - -
1564  213948 - - - - - -
1565  1001570 - - - - - -
1566  365924 - - - - - -
1567  259076 - - - - - -
1568  180312 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for ½ Öre - Erik XIV 1561-1568 coin.