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Viking coinage was used during the Viking Age of northern Europe.Prior to the usage and minting of coins, the Viking economy was predominantly a bullion economy, where the weight and size of a particular metal is used as a method of evaluating value, as opposed to the value being determined by the specific type of coin.
The coin to the left is Swedish and the right one is Danish. The oldest known Danish coin is a penny (penning) struck AD 825–840, [6] but the earliest systematic minting produced the so-called korsmønter (lit. ' cross coins ') minted by Harald Bluetooth in the late 10th century. [7]
In 1604, the name was changed to riksdaler ("daler of the realm", c.f. Reichsthaler). In 1609, the riksdaler rose to a value of 6 mark when the other Swedish coins were debased but the riksdaler remained constant. From 1624, daler were issued in copper as well as silver. Because of the low value of copper, large plate money (plåtmynt) was ...
So one öre in 1873 bought as much gold as 1.47 kronor in 2017. So if it is reasonable to have the smallest denomination coin 1 krona today, in 1873 a reasonable smallest denomination coin was 1 öre. A 10 kr gold coin weighed 4.4803 grams with 900 fineness so that the fine weight was 4.03327 grams or exactly 1/248th of a kilogram.
The Duchy passed it to the British Museum in London, where the bulk of it remains today. About 60 items selected from the hoard are held and displayed by the Ashmolean Museum in Oxford. [3] Some coins minted at Quentovic in northern France (possibly near present-day Étaples) are held by the Château-musée de Boulogne-sur-Mer. [4]
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In 1875, coins were introduced (some dated 1874) in denominations of 10 and 50 øre and 1 and 10 kroner. These coins also bore the denomination in the previous currency, as 3, 15, and 30 skillings and 2 + 1 ⁄ 2 specidaler. Between 1875 and 1878, the new coinage was introduced in full, in denominations of 1, 2, 5, 10, 25, and 50 øre and 1, 2 ...
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