1895 Norwegian 1-krone
Verfasst: Fr 27.03.15 03:47
This 1895 Norwegian 1-krone is a decent mid-career example of the Scandinavian Monetary Union’s signature denomination. Of silver .800 fine and 7.5 grams heavy, just like its Danish and Swedish counterparts, with about twenty years down for the SMU, and about twenty years to go.
This 1-krone type was introduced in 1877, dropping the transitional “30Sk” explanatory note of Norway’s initial 1-krone (of 1875), and continuing in production unchanged until 1904.
(It’s useful to note that the “transitional” 1-krone of 1875 belongs to a short-lived double-denominated coin series whose purpose was not, technically, to help Norway’s transition into the SMU, but rather to help Norwegians adapt to their own new decimal Krone of 100 Øre. It might, however, be fairly said that whatever educational benefit Norwegians derived from the 1874-75 series was soon put to use in the SMU, which Norway joined in 1875.)
At any rate, in 1905 Norway gained its independence from Sweden and this 1877-1904 1-krone’s Swedish King Oscar II and its “Brother Peoples” motto (“BRODERFOLKENES VEL”) would be replaced in 1908 by a new 1-krone picturing King Haakon VII and proclaiming “ALT FOR NORGE.”
Silver weight and fineness would remain the same for the new type, so the earlier coins like this 1895 1-krone remained in circulation until rising silver prices forced the debut of a 1-krone banknote in 1917. (I note the wear on this particular coin seems consistent with its having departed circulation about that time.)
Silver prices continued to rise after the war, and while they soon fell back, Norway—not a WWI belligerent—said goodbye to its silver 1-krone nevertheless.
This 1-krone type was introduced in 1877, dropping the transitional “30Sk” explanatory note of Norway’s initial 1-krone (of 1875), and continuing in production unchanged until 1904.
(It’s useful to note that the “transitional” 1-krone of 1875 belongs to a short-lived double-denominated coin series whose purpose was not, technically, to help Norway’s transition into the SMU, but rather to help Norwegians adapt to their own new decimal Krone of 100 Øre. It might, however, be fairly said that whatever educational benefit Norwegians derived from the 1874-75 series was soon put to use in the SMU, which Norway joined in 1875.)
At any rate, in 1905 Norway gained its independence from Sweden and this 1877-1904 1-krone’s Swedish King Oscar II and its “Brother Peoples” motto (“BRODERFOLKENES VEL”) would be replaced in 1908 by a new 1-krone picturing King Haakon VII and proclaiming “ALT FOR NORGE.”
Silver weight and fineness would remain the same for the new type, so the earlier coins like this 1895 1-krone remained in circulation until rising silver prices forced the debut of a 1-krone banknote in 1917. (I note the wear on this particular coin seems consistent with its having departed circulation about that time.)
Silver prices continued to rise after the war, and while they soon fell back, Norway—not a WWI belligerent—said goodbye to its silver 1-krone nevertheless.