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2 Schillings - Johan III

Issuer Reval, City of
Year 1569
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Orientation Variable alignment ↺
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Obverse description Within a plain inner circle, the royal cypher 'IR' (Ioannes Rex) appears in large Gothic letters at the centre of the field, surmounted by an open crown with pellet ornaments. Two pellet stops flank the monogram horizontally. The surrounding legend, separated from the central design by the inner circle, reads IOHAN · 3 · D : G · REX · SVEC · 69, incorporating the last two digits of the date and identifying Johan III as King of Sweden by the grace of God. The coin is struck on an irregular flan characteristic of hammered coinage of the period.
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Reverse lettering MONETA · NOVA · REVALIE ·
(Translation: Moneta Nova Revaliensis New coin of Reval)
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Additional information

Reval — modern Tallinn — occupied an awkward position in 1569, nominally under Swedish suzerainty following the city's voluntary submission to Erik XIV in 1561, yet still operating its mint with considerable autonomy and striking coins in the name of Johan III, who had seized the Swedish throne from his brother Erik just the year before. The city's billon coinage of this period reflects that transitional instability: a new king, a mint trying to signal loyalty to the right faction, and a Baltic trade network that desperately needed small-denomination specie to function.

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