Logo Title
obverse
reverse
Leipziger Münzhandlung und Auktion Manfred Höhn

8 Gute Groschen – Swedish dominion of Pomerania

Sweden
Context
Years: 1760–1761
Country: Sweden Country flag
Currency:
(1630—1815)
Demonetized: Yes
Material
Diameter: 29.39 mm
Weight: 7.34 g
Silver weight: 7.34 g
Shape: Round
Composition: Silver
Magnetic: No
References
KM: #Click to copy to clipboard410
Numista: #136765
Value
Bullion value: $20.57

Obverse

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

Reverse

Description:
Denomination, date, and mintmaster initials in six lines.
Inscription:
8

GUTE

GROSCHEN

COURANT

1760

OHK
Script: Latin

Edge

Plain

Mints

NameMark
Stralsund

Mintings

YearMint MarkMintageQualityCollection
1760
1761
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