1½ Dukat - Charles XII (Smelting of gold by O.A. Paykull) 1706 front 1½ Dukat - Charles XII (Smelting of gold by O.A. Paykull) 1706 back
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1½ Dukat - Charles XII Smelting of gold by O.A. Paykull

1706 year
Gold - -
Description
Issuer
Sweden
King
Charles XII (Karl XII) (1697-1718)
Type
Circulating commemorative coin
Year
1706
Value
1½ Ducat (3)
Currency
Second riksdaler (1665-1715)
Composition
Gold
Shape
Round
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#183290
Rarity index
97%

Reverse

Legend.

Lettering:
HOC
AVRVM
ARTE CHEMICA
CONFLAVIT
HOLMIÆ A·1706
O·A·V·PAYKVLL·

Translation: The chemical gold smelter in Stockholm 1706.

Comment

There is one known specimen of this coin to yet exist located in The Royal Collection of Coins and Medals, Copenhagen, Denmark.

Interesting fact

One interesting fact about the 1½ Dukat Charles XII coin is that it was minted during a time when Sweden was experiencing a severe shortage of gold, which made it difficult to produce coins. To address this issue, the Swedish government decided to melt down gold objects, including old coins, to create new coins. This process, known as "smelting," was overseen by O.A. Paykull, whose name appears on the coin. Despite the challenges, the coin was still produced with a high level of craftsmanship and attention to detail, making it a valuable and sought-after collector's item today.