3 Mark - Johan III (Type I) 1590 front 3 Mark - Johan III (Type I) 1590 back
3 Mark - Johan III (Type I) 1590 photo
© Sveriges mynt

3 Mark - Johan III Type I

1590 year
Billon (.484 silver) 18.62 g 42.5 mm
Description
Issuer
Sweden
King
John III (Johan III) (1568-1592)
Type
Standard circulation coin
Year
1590
Value
3 Marks (¾)
Currency
Daler (1534-1593)
Composition
Billon (.484 silver)
Weight
18.62 g
Diameter
42.5 mm
Shape
Round
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#129360
Rarity index
97%

Reverse

Bigger Vasa Arms divides value and date at both sides within a circle. Close to the arms there are also the Three Crowns of Sweden. Legend is outside the circle, along the rim.

Lettering:
IOHANNES·3·D:G·SVECIE·GOT·VA·REX *
3 M
15 90

Translation: Johann III Dei Gratia King of Sweden, of the Goths and the Wends

Comment

Differences between 3 mark type I and II
1) Different Folkungs Lion style
2) In Type 1 Vasa arms are bigger and thicker while the value is small, in Type II is the opposite: Vasa arms are small and value is bigger.

Interesting fact

One interesting fact about the 3 Mark - Johan III (Type I) 1590 from Sweden is that it was minted during a time of great economic and political change in Sweden. The coin was issued during the reign of King Johan III, who was instrumental in introducing new currency reforms and modernizing the Swedish economy. The use of billon, a copper and silver alloy, in the coin's minting process was a cost-saving measure that allowed for the production of more coins without sacrificing their overall value. Despite its relatively low silver content, the coin remained a widely accepted and trusted form of currency during its time in circulation.