SWEDEN. Duke Karl (Karl IX). Regent, 1599–1604. AR Riksdaler (42mm, 5h). Stockholm mint. Dated 1599. Crowned coat-of-arms / Radiant name of God in Hebrew. AAH 7; Tingström 16; Antell 304; Davenport 8705. A superb example of this austere type. Rich old cabinet toning with underlying luster. In NGC encapsulation 3733345-008, graded MS 63. Very rare.
From the DMS Collection. Ex Eric P. Newman Collection (Heritage 3029, 14 January 2014), lot 30261.
In the late 16th century Duke Karl emerged as a champion of the Protestant cause in Sweden against his nephew Sigismund III, a devout Catholic who was King of Sweden and also the Polish-Lithuanian Commonwealth. In 1598 Karl defeated and captured Sigismund at the Battle of Stangebro. This Riksdaler was struck during the aftermath of this crucial battle while Karl crushed forces loyal to Sigismund in Sweden and Finland. On 24 July 1599 a Riksdag in Stockholm formally deposed Sigismund and Karl's regency was assured.