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obverse
reverse
Heritage Auctions

4 Gute Grochen – Swedish dominion of Pomerania

Sweden
Context
Years: 1760–1761
Country: Sweden Country flag
Currency:
(1630—1815)
Subdivision: 4 Gute Grochen = ⅙ Thaler
Demonetized: Yes
Material
Shape: Round
Composition: Silver
Magnetic: No
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard412
Numista: #64664

Obverse

Description:
Right-facing bust.
Inscription:
ADOLPHUS•FRID•D•G•REX•SVEC•
Script: Latin

Reverse

Description:
Value, date, mintmark. Five lines.
Inscription:
* VI *

EINEN

THALER

1760

OHK
Script: Latin

Edge

Mints

NameMark
Stralsund

Mintings

YearMint MarkMintageQualityCollection
1760
1761
1761DL
1761F
1761ICS
1761LFK

Historical background

During the mid-18th century, Swedish Pomerania, a remnant of Sweden's imperial past on the southern Baltic coast, faced a complex and deteriorating currency situation. The primary unit was the Swedish riksdaler, but the province's economy was deeply integrated with its German neighbours, leading to the widespread circulation of multiple competing currencies. Most notably, the Prussian reichsthaler was dominant in trade, while various local German states' coins also circulated, creating a chaotic monetary environment exacerbated by the ongoing Seven Years' War (1756-1763).

The war placed immense strain on the system. Sweden's military involvement from 1757 to 1762 turned Pomerania into a frontline theatre, requiring massive subsidies and requisitions. To finance this, Sweden heavily debased its own currency, minting and importing low-quality copper mynt and depreciated riksdaler notes into the province. This influx of weak money, following Gresham's law, drove sound Prussian and other full-value specie out of circulation or into hoarding, accelerating inflation and crippling everyday commerce for the local population.

By 1760, the monetary chaos was acute. Trust in the Swedish currency had collapsed, prices were unstable, and the dual pressures of wartime occupation and monetary depreciation caused significant economic hardship. The situation highlighted Sweden's weakening grip on the dominion, as the economic reality was dictated more by regional German powers and the exigencies of war than by Stockholm's authority. This period marked the beginning of the end for Swedish Pomerania, foreshadowing its eventual transfer to Prussia in 1815 after decades of financial and administrative struggle.
💎 Extremely Rare