© Bruun Rasmussen Kunstauktioner
© Bruun Rasmussen Kunstauktioner
⅛ Reichs Daler - Frederik III
1665 year| Silver (.812) | 3.63 g | 25.4 mm |
| Issuer | Denmark |
|---|---|
| King | Frederick III (Frederik III) (1648-1670) |
| Type | Standard circulation coin |
| Year | 1665 |
| Value | ⅛ Thaler |
| Currency | Glückstadt - Speciedaler (1617-1773) |
| Composition | Silver (.812) |
| Weight | 3.63 g |
| Diameter | 25.4 mm |
| Shape | Round |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#204200 |
|---|---|
| Rarity index | 93% |
Reverse
Value in letters and date on four lines inside a beaded circle. Legend outside with mintmark at end
Script: Latin
Lettering:
* MONETA · NOVA · GLVCKSTADENSIS * (mm)
---------------------
. VIII .
EINEN
REICHS
DALER
· 1665 ·
Translation:
New coin from the City of Gluckstadt
Eighth of One Reichs Daler
Interesting fact
One interesting fact about the ⅛ Reichs Daler - Frederik III 1665 coin from Denmark is that it was minted during a time of great economic change in the country. In the mid-17th century, Denmark was experiencing a period of rapid inflation, and the value of the Danish currency was decreasing rapidly. In response, King Frederik III introduced a new coinage system, which included the ⅛ Reichs Daler coin, to help stabilize the economy and combat inflation. The coin was made of silver and had a value of ⅛ of a Reichs Daler, which was the standard unit of currency at the time. Despite the efforts to stabilize the economy, the coinage system ultimately failed, and the Danish currency continued to fluctuate in value for many years to come.
