½ Riksdaler "Krellmynt" - Frederick I (2nd portrait) 1723 front ½ Riksdaler "Krellmynt" - Frederick I (2nd portrait) 1723 back
½ Riksdaler "Krellmynt" - Frederick I (2nd portrait) 1723 photo
© Uppsala Universitet

½ Riksdaler "Krellmynt" - Frederick I 2nd portrait

1723 year
Silver (.878) 14.63 g 29.4 mm
Description
Issuer
Sweden
King
Frederick I (Friedrich I) (1720-1751)
Type
Standard circulation coin
Year
1723
Value
½ Riksdaler
Currency
Fourth riksdaler (1719-1798)
Composition
Silver (.878)
Weight
14.63 g
Diameter
29.4 mm
Shape
Round
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#107142
Rarity index
97%

Reverse

Crowned greater arms of Sweden in ornate shield divides date at sides. Above the crown is the King's motto.

Lettering:
Gud Mitt Hopp .
17 23

Translation: God is my hope

Edge

Diagonal reeding

Comment

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

Interesting fact

The ½ Riksdaler "Krellmynt" coin was minted during the reign of King Frederick I of Sweden, who ruled from 1720 to 1751. The coin's design features the king's portrait on one side and the coat of arms of Sweden on the other. The coin was made of silver and weighed 14.63 grams, which was a significant amount for a coin of its time. It's worth noting that the coin's name, "Krellmynt," is derived from the Swedish word "Krell," which means "creep" or "crawl." This name was likely given to the coin because of its small size and the fact that it was often used for small transactions or "creeping" expenses. Despite its small value, the ½ Riksdaler "Krellmynt" coin is still a highly sought-after collector's item among numismatists today.