8 Mark "Klippingar" - Johan III 1570 front 8 Mark "Klippingar" - Johan III 1570 back
8 Mark "Klippingar" - Johan III 1570 photo
© Kungliga Mynt Kabinettet

8 Mark "Klippingar" - Johan III

1570 year
Silver - -
Description
Issuer
Sweden
King
John III (Johan III) (1568-1592)
Type
Standard circulation coin
Year
1570
Value
8 Marks (2)
Currency
Daler (1534-1593)
Composition
Silver
Shape
Square (irregular)
Technique
Klippe
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#156007
Rarity index
97%

Reverse

Script: Latin

Lettering:
·8·I R·M

·S·

Interesting fact

One interesting fact about the Standard circulation coin 8 Mark "Klippingar" - Johan III 1570 from Sweden made of Silver is that it was issued during a time of great economic turmoil in Sweden. The coin was introduced as part of a new currency system implemented by King Johan III in 1570, which aimed to address the country's financial problems by reducing the value of the currency and increasing the amount of silver in circulation. Despite these efforts, the coin's value fluctuated greatly during its time in circulation and it ultimately became known as the "Klippingar," which translates to "clippings" or "cut-offs" in English, due to its diminishing value over time.