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.
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"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
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.
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External link: Related photo gallery: Sweden's new coins »
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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.
Good idea considering the state of most 20 SEK bills floating around.