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1 Schilling - Eric XIV Type 2, with shield

Issuer Reval, City of
Year 1564
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Currency Mark (1561-1710)
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Obverse description Crowned royal cypher of Eric XIV occupies the central field, formed by the interlaced letters E and 4, with the date divided and flanking the monogram. The whole is enclosed within a beaded inner circle, with the surrounding legend reading ERIC · XIIII · D · G · REX distributed around the periphery in Latin characters. The style is characteristic of mid-sixteenth-century hammered coinage, with an irregular flan and somewhat crude but legible execution.
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Reverse description A shield bearing three passant lions arranged in pale occupies the central field, representing the arms of the City of Reval. The shield is set within a beaded inner circle, surrounded by the encircling Latin legend. The design is typical of the civic coinage of Reval under Swedish suzerainty, with the heraldic device clearly rendered despite the limitations of the hammered technique and irregular flan.
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Eric XIV's schillings from Reval — the prosperous Hanseatic port on the Gulf of Finland — reflect the Swedish crown's tightening grip on Estonian commerce during the Livonian War. Eric had seized control of the city in 1561, when Reval submitted to Swedish protection rather than face absorption by either the Livonian Order's remnants or Ivan the Terrible's advancing forces. The Type 2 distinction matters here: two shield varieties were struck within a short window, and Haljak differentiates them by the shield form, making attribution to the correct type essential for accurate cataloging.

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