• Sweden edition
Business & Money

Sweden unveils new 'themed' coin designs

Published: 11 Sep 12 11:51 CET | Print version
Online: http://www.thelocal.se/43154/20120911/

The new designs for three Swedish coins, including the introduction of a 2-kronor coin, were unveiled by the Riksbank on Tuesday, with the coins set to hit circulation in 2016.

The General Council of the Riksbank decided that Ernst Nordin's design proposal "Sun, wind and water" would form the artistic basis for the production of the new coins.

"The proposal constitutes a highly cohesive coin series in which every coin is also distinctive. The design is of high artistic quality with a distinct graphical character,” wrote the Riksbank in a statement.

Click here for a better look at Sweden's new coin designs

“The symbols on the coins are of an exemplary design. The theme 'Sun, wind and water' is an appropriate and apt theme that complements the main theme of the series 'Sweden's head of state'.”

The one-krona coin features the head of King Gustav XVI with what the Riksbank describes as a “stylized solar corona” on the reverse side.

The new two-kronor coin features the King and a “stylized whirlwind” and the five-kronor coin with the king and “stylized waves”.

Both the five and one kronor coins are lighter in weight than the current examples in circulation.

The two-kronor coin does not currently exist in Swedish currency, with the Riksbank not having released such a coin since 1971.

The aim of a re-introduction is to “allow transport and purchasing costs to be cut and the environmental impact of manufacture and handling to be reduced.”

Furthermore, the coin is planned to reduce the need for the one-krona and to make the typical Swedish wallet lighter.

The coins will be released into circulation on October 2016.

The unveiling of the new coin designs comes several months after the Riksbank introduced a new designs for new banknotes in April this year.

The new bills, which are scheduled to be issued in 2015, feature the likes of Greta Garbo, Ingmar Bergman, Astrid Lindgren, and other cultural giants of the 20th century.

The Local/og
twitter.com/thelocalsweden

External link: Related photo gallery: Sweden's new coins »

What do you think? Leave your comment below.

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

14:34 September 11, 2012 by Twiceshy
Why not a 20-kronor coin?
12:16 September 12, 2012 by heu
"The two-kronor coin does not currently exist in Swedish currency, with the Riksbank not having released such a coin since 1971."

These coins released up until 1971 are still legal tender, so they DO exist in Swedish currency. You just don't see them around because their numismatic value is far higher than their face value. Specially since most of them are made of silver.
13:25 September 12, 2012 by Åskar
@Twiceshy

Good idea considering the state of most 20 SEK bills floating around.
16:10 September 14, 2012 by skylarkpilot
I personally think the designs are really pretty dull........and yep, missed the boat entirely having not introduced a 20 kr coin.
ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Business & Money headlines
Sweden's economic mood dips: survey

Sweden's economic mood dips: survey

Swedish consumers are feeling less optimistic about the economy, with a down-turn also visible in the mood of the manufacturing industry, Sweden's National Institute for Economic Research said on Friday. READ () »

Swedish fashion grads turn to melancholy

Swedish fashion grads turn to melancholy

This year's Beckmans fashion graduates unleashed a dramatic clash of collections in Stockholm this week. It may have been dazzlingly hot outside in the sunshine, but on the catwalk things got a little dark. READ () »

Sweden 'fails to help well-educated foreigners'

Sweden 'fails to help well-educated foreigners'

The white-collar union Saco has lambasted Sweden's Employment Agency for its failure to help well-educated, foreign-born job seekers, whose unemployment rate is more than three times the average for people born in Sweden. READ () »

Mixed results for Sweden refugee job push

Mixed results for Sweden refugee job push

Fifteen percent of refugees in Sweden who enrolled in the new establishment system the past two years have gone on to find jobs, new figures show, leading some observers to worry that the low success rate will place a burden on the benefits system. READ () »

Riksbank unveils new board members

Riksbank unveils new board members

Sweden's central bank has appointed two new board members plucked from banking and academia to replace two outgoing members, one of whom was an outspoken critic of the Riksbank's commitment to the government's inflation goal. READ () »

350 jobs lost as Ericsson shuts Swedish factory

350 jobs lost as Ericsson shuts Swedish factory

Swedish telecom giant Ericsson has buckled under the pressure of European competition and will turn off the switch on a cable production plant in Sweden, leaving 350 employees without jobs. READ () »

Sweden has 'lower tax burden' than Senegal

Sweden has 'lower tax burden' than Senegal

While Sweden has a reputation for having one of the most painful tax bills in the world, a new report ranks Sweden 20th when comparing the tax burden on salaries when social security payments and salary brackets are taken into account. READ () »

Ericsson probed over suspected bribes

Ericsson probed over suspected bribes

Swedish telecom equipment maker Ericsson is suspected of having bribed ministers in Romania in connection with being awarded a contract for the country's emergency number and is now under investigation in the United States. READ () »

Warning over 'long-term' Swedish export slump

Warning over 'long-term' Swedish export slump

Sweden's largest business confederation has gone out guns blazing, criticizing politicians for not facing up to the challenges of "a lost year for Swedish exports" in 2012. READ () »

'Lean hospital a sign of Swedish welfare reform'

'Lean hospital a sign of Swedish welfare reform'

A Stockholm hospital saved from closure by private health care providers has been hailed by the Economist as one of modern's Sweden public-private success stories. READ () »

More Business & Money

Find a new job in Sweden now
24/05 Accounts Payable to Bosch Rexroth
Academic Work Danmark
Malmö
24/05 Analog Field Application Engineer
Arrow EMEA
Kista, STHM
24/05 Business Analyst, Karlskrona
Capgemini Sverige AB
Karlskrona, BLE
24/05 CAE-Engineers within Solid Mechanics
Randstad AB
Linköping or Växjö or Västerås, VTM
24/05 Corporate Sports Sales Executives
marcus evans (Scandinavia) ltd.
Stockholm
24/05 Development Engineer ? Control Systems
Experis Engineering
SKÅ
24/05 Enterprise Solutions Engineer
Sverige
24/05 Event Manager to paf
Paf
Stockholm, STHM
24/05 Finance Director/Senior Fund Controller
Match Recruitment Group AB
Stockholm
24/05 Financial Manager
Kalmar

ALL JOBS »


 
Latest Business & Money news from Germany
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Trade binary options
Create an account with Banc De Binary, the world’s most reputable binary options firm, and start cashing in today! You can start by practicing with our free $50,000 demo account.
www.bbinary.com
Therapy in English
Expat counsellor & talk therapist offers counselling for stress, relationship issues, sexuality, culture adjustment & life coaching. Private & confidential. Stockholm or Skype. Contact me today! 08-559 22 636 or
CLICK HERE
Holiday Luxury Villa in Portugal
Casa Birgitta in Algarve, Portugal. Reduced price in best location. Private estate on white sand beach. All amenities included. Book here today! edward_george1@hotmail.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS