Sweden 1598 1 Mark Carl IX

TPRC · August 12, 2016 12:40PM

I picked up this coin a while back because it was original with a very nice patina and, I was told, pretty scarce. It is a Klippe from Carl IX, when he was Regent, and I believe it is from the Civil War period, which may account for its scarcity. It is graded xf-45 though it is weakly struck in the central devices. It is a vf by European standards. Does anyone know what it's value might be? The only 3 auctions I can find for the piece are as follows:
1.--09/14--lower grade piece hammered at about $860;
2.--11/15 apparently higher grade piece hammered at 1300;
3.--05/16--similarly graded piece hammered at $4300, but from a collection, with provenance.

All pieces are from European auctions and exclude buyers premiums. Either this piece is on fire or I am missing something. Does anyone known anything about it? I cannot find it in Krause nor can I find much of anything about it or its mintage elsewhere.

MilkmanDan · August 12, 2016 1:40PM

Don't know the answer to your question, but that's a really nice looking piece.

lordmarcovan · August 12, 2016 5:00PM

I don't know anything about it, but I like klippes and non-round money in general.

The design there is rather minimalistic (siege coin?), but the toning more than compensates for the relative simplicity of the pictorial elements.

And I like the crowns, which have a bit of a medieval throwback appearance.

LochNESS · August 12, 2016 5:53PM

This auction hammered around $550, according to the catalogue (which also seems to have a decent history of Karl and the coins)

https://www.yumpu.com............57

edit: When you open the e-book, click back one page to "55 of 78" listing I mention is bottom right page.

edit: This auction from Pegasus looks to be in similar grade, although different denomination. http://www.pegasusauctions.com...ark-1603-kalmar-silver

Also, FWIW, might be easier for you to get search results if you spell Karl with a "K" instead of "C" in your search.

TPRC · August 12, 2016 10:31PM

Thank you. It looks like the piece that hammered for $550 is my piece, and it is in line with what I paid (though I paid more). So the question then is why did piece number 3 on my list hammer for nearly 8x that? I understand number 2 as that piece is very well struck, but number 3 looks like an anomaly, unless it was the provenance.

Thank you again for the comments and information.

johnny9434 · August 13, 2016 2:16AM

thats way different and kinda cool looking

Jackthecat1 · August 13, 2016 6:37AM

That is one fascinating and historical coin. Enjoy it!

LochNESS · August 13, 2016 4:04PM

Originally posted by: TPRCSo the question then is why did piece number 3 on my list hammer for nearly 8x that?

I am of the ilk that does not believe pedigree ("provenance") influences hammers to the degree of exponential nuclear bids.

More likely, the person who bid that high did not realize they could have a similar piece for a fraction of the price.

Also possible, they did not want to break up the set. Keeping coins of a set together, even if it's a spurious set, is more of a bid influencer than pedigree in my experience.

One would have to analyze that auction and the bidders to discern motives.

Sweden 1598 1 Mark Carl IX

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