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16 Öre "Klippingar" - Erik XIV Type I
1562 yearBillon (.375 silver) | 22.79 g | - |
Issuer | Sweden |
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King | Eric XIV (1560-1568) |
Type | Standard circulation coin |
Year | 1562 |
Value | 16 Öre (½) |
Currency | Daler (1534-1593) |
Composition | Billon (.375 silver) |
Weight | 22.79 g |
Size | 37.55 mm |
Shape | Square |
Technique | Klippe |
Demonetized | Yes |
Updated | 2024-10-07 |
Numista | N#106278 |
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Rarity index | 95% |
Reverse
Crowned shield with the Three Crowns of Sweden divides date at both sides.
Script: Latin
Lettering: 15 6Z
Comment
The Swedish crown's coffers were soon emptied after Erik XIV had acceeded the throne in 1560. The silver coins contained gradually less silver through the 1560s and coin production was not quick enough to pay the country's expenses. Square-cut coins, called 'Klippes' reduced production time considerably and large numbers of Klippe coins with denominations 16, 8, 4 and 2 ore were produced 1562-68.Interesting fact
One interesting fact about the 16 Öre "Klippingar" coin from Sweden, minted during the reign of Erik XIV in 1562, is that it was made of Billon, an alloy of silver and copper, 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. This coin, in particular, contains 37.5% silver and weighs 22.79 grams.