Heritage World Coin Auctions
NYINC Signature Sale 3030 5-6 January 2014
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Sweden
Frederick I copper Plate Money 4 Daler S.M. 1724-FRS , KM-PM74, AAH-187, VF. Because of a shortage of silver and gold, and large deposits of copper, the Kingdom of Sweden decided to replace the gold & silver coinage with large pieces of official copper plate money. After demonetization in the late 1700's, large quantities of these pieces were often used as ballast in the holds of sailing ships.
Estimate: 2000-2500 USD
Frederick I copper Plate Money 4 Daler S.M. 1724-FRS , KM-PM74, AAH-187, VF. Because of a shortage of silver and gold, and large deposits of copper, the Kingdom of Sweden decided to replace the gold & silver coinage with large pieces of official copper plate money. After demonetization in the late 1700's, large quantities of these pieces were often used as ballast in the holds of sailing ships.
Estimate: 2000-2500 USD