4 Öre "Klippingar" - Erik XIV 1562-1568 front 4 Öre "Klippingar" - Erik XIV 1562-1568 back
4 Öre "Klippingar" - Erik XIV 1562-1568 photo
© Uppsala Universitet

4 Öre "Klippingar" - Erik XIV

 
Billon (.375 silver) 5.63 g -
Description
Issuer
Sweden
King
Eric XIV (1560-1568)
Type
Standard circulation coin
Years
1562-1568
Value
4 Öre (⅛)
Currency
Daler (1534-1593)
Composition
Billon (.375 silver)
Weight
5.63 g
Size
25.95 mm
Shape
Square (irregular)
Technique
Klippe
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#128497
Rarity index
97%

Reverse

Crowned shield with the Three Crowns of Sweden divides date at both sides.

Lettering: 15 64

Comment

Weight can vary from 2 g to 6 g.
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 4 Öre "Klippingar" coin from Sweden is that it was issued during the reign of King Erik XIV, who was known for his controversial coinage reforms. In an effort to address the country's economic problems, Erik XIV introduced a new currency system based on the "klipping" method, which involved cutting the coin into smaller pieces to increase its quantity. This resulted in the production of many different denominations, including the 4 Öre coin, which was made of billon (a silver-copper alloy) and weighed 5.63 grams. Despite its unusual design and materials, the coin remains a popular collector's item among numismatists today.