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reached maturity at 18, after a brief fling with paper-based money backed by copper—which was well received initially but soon lost credibility—she began issuing copper in plates as large as fifteen kilograms to serve as currency. Unwieldy as they were, the copper-based monetary system worked to a
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certain extent until the world copper price collapsed. Sweden's copper no longer commanded the premium it once had on world markets and foreign income dried up. Relative to the rest of Europe, the people of Sweden had become poor once more.
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270:-based coin of equal face value, though this offer was not generally taken up. Sweden's large army at the time was paid entirely in copper currency, further issued in large numbers by
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in March of 1719, a punishment which greatly pleased the
Swedish people. At the end of July 1768 plate money was abolished, but reintroduced on 4 August.
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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SHIELLS, ROBERT. "SWEDISH COPPER PLATE-MONEY." American
Journal of Numismatics (1897–1924) 32, no. 2 (1897): 49–51. www.jstor.org/stable/43582838.
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The multiple currencies of Sweden-Finland 1534–1803 by Rodney
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attempted to persuade the populace to exchange their silver-based currency for a
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In an effort to shore up the economy, the government minister
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De
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stepped up to the challenge and became the country's
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