50 Öre Swedish Currency and Its Evolution

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Round Silver-colored Coin
Credit: pexels.com, Round Silver-colored Coin

The 50 öre coin was first introduced in 1873, as part of a larger effort to standardize Sweden's currency.

The coin was designed by Erik Lindberg, a Swedish artist and engraver.

It was initially minted from silver, but later changed to copper-nickel in 1880.

The 50 öre coin was widely used in everyday transactions, particularly for small purchases.

In 1971, Sweden began to phase out its coins, including the 50 öre, as part of a larger effort to move towards a cashless society.

By 2010, the 50 öre coin was no longer in circulation.

Design

The design of the 50 öre coin has undergone some changes over the years. The 1943-1950 version had a billon composition with 0.400 silver content, a weight of 4.8 g, and a diameter of 22 mm.

The design of the 1992-2009 version is almost identical to the 25 øre coin issued in 1991, with the only differences being the face value of the coin and the size.

The 1992-2009 version had a bronze composition with 97% copper, 2.5% zinc, and 0.5% tin content, a weight of 3.70 g, and a diameter of 18.77 mm.

The edge of the 1875-1899 version was reeded.

Obverse and Reverse

Credit: youtube.com, 50 Ore Coin Sweeden 1991

The obverse of a 50 öre coin features a large crown above the name of the country, Sweden, and the mintmark.

The translation of the country name is clearly visible on the coin. The large denomination, 50, is written above the date and initial of the Riksbank Governor's surname.

Obverse

The obverse side of a coin is the front face, and it's often where you'll find the most important information.

In Sweden, the obverse typically features three crowns, which is the country's symbol, along with the year of issue underneath.

These crowns are a distinctive element that immediately identifies the coin as Swedish.

On some Swedish coins, the obverse shows a large crown above the name of the country and mintmark.

The name of the country is translated to "Sweden".

A large denomination is also prominently displayed on the obverse, along with the date and initial of the Riksbank Governor's surname.

Reverse

The reverse side of a coin often holds just as much importance as the obverse. On the reverse, you'll typically find the denomination of the coin, which in this case is the figure 50.

Round Gold-colored Coin
Credit: pexels.com, Round Gold-colored Coin

The text above the figure is usually the name of the country, such as SVERIGE, which translates to SWEDEN. Below the figure, you'll often find the name of the currency, here ÖRE.

The mintmark is usually located to the right of the ÖRE, while the initials of the Governor of the Riksbank are to the left. In this case, the mintmark is right of ÖRE, and the initials are E ÖRE D.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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