1336

SWEDEN: Erik XIV, 1560-1568, AR 16 öre klippe, Stockholm, 1563, PCGS EF45

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:260.00 USD Estimated At:300.00 - 400.00 USD
SWEDEN: Erik XIV, 1560-1568, AR 16 öre klippe, Stockholm, 1563, PCGS EF45
SOLD
550.00USD+ (110.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Jan 21 @ 15:58UTC-8 : PST/AKDT
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SWEDEN: Erik XIV, 1560-1568, AR 16 öre klippe, Stockholm, 1563, Hob-23, with dots between E and R, PCGS graded EF45. 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 öre were produced from 1562-68.