Watch List notes:

SWEDEN: Frederick I, 1720-1751, AE 4 daler silvermynt, Avesta, 1734, KM-PM74, 235x220mm, "plate money" with five stamps in field, center stamp has 4 DALER SILF MYNT above crossed arrows, corner stamps have crowned FRS lettering with date below which translates as (FRS = FRIDERICUS I REX SVECIAE) Frederick I King of Sweden, a superb example of type! EF. From 1624, daler were issued in copper as well as silver. Because of the low value of copper, large plate money (plåtmynt) was issued. These were rectangular pieces of copper weighing, in some cases, up to several kilograms. They circulated until 1776. As silver became scarce, the silver daler rose in value relative to the copper daler, with the exchange rate between the two eventually being set at a ratio of 3 to 1. Denominations in copper money were marked K.M. or KMT, with S.M. or SMT denoting silver money. The cumbersome size and weight of plate money eventually prompted Sweden to become the first country in Europe to issue banknotes.

Estimate: 1,800-2,000 USD