Sweden was a leading member of the Scandinavian Monetary Union (SMU) from 1873. This agreement standardized silver coinage across Denmark, Norway, and Sweden, allowing their coins to circulate freely across borders. For decades, the Swedish Krona was struck to a high 80% purity for larger denominations.
Economic shifts following WWII led Sweden to reduce the silver content of its circulating coins to 40% starting in 1942. While these later issues are common in bulk silver lots, they remain a favorite for stackers due to their consistent weight and ease of identification. Silver was eventually phased out of Swedish circulating coinage entirely by the late 1960s.
| Coin Type | Purity | Years | ASW (oz) |
|---|---|---|---|
| 10 Kronor | 83.0% | 1972 | 0.4857 |
| 5 Kronor (Commemorative) | 80.0% | 1935 | 0.6430 |
| 5 Kronor (40% Clad) | 40.0% | 1952-1971 | 0.2919 |
| 2 Kronor (Gustaf / Oscar) | 80.0% | 1876-1940 | 0.3858 |
| 2 Kronor | 40.0% | 1942-1966 | 0.1800 |
| 1 Krona (Gustaf / Oscar) | 80.0% | 1875-1942 | 0.1929 |
| 1 Krona | 40.0% | 1942-1968 | 0.0900 |
| 50 Ore (High Grade) | 60.0% | 1910-1939 | 0.0926 |
| 50 Ore | 40.0% | 1942-1961 | 0.0617 |
| 25 Ore (High Grade) | 60.0% | 1910-1941 | 0.0448 |
| 25 Ore | 40.0% | 1942-1961 | 0.0298 |
| 10 Ore | 40.0% | 1942-1962 | 0.0185 |
