1/4 skilling riksgälds, Avesta, Gustav IV Adolf, 1799

During the reign of King Gustav IV Adolf, there was a great shortage of token coins in copper, where the metal in the coin was worth less than the denomination of the coin. To solve the problem, the National Debt Office minted copper tokens in the denominations ½ skilling and ¼ skilling between 1799 and 1802.

The National Debt Office had been founded in 1789 to create order in the state's finances and had issued banknotes since its foundation, which were originally promissory notes but quickly became popular as ordinary banknotes. In 1802, the Crown, the state, resumed minting token coins, now in the denomination skilling.

Image rights: Helena Bonnevier, Ekonomiska museet - Kungliga myntkabinettet/SHM (CC BY 4.0)

Object number: 116905_KMK

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