Riga (Sweden) 1 Mark 1695 - Karl XI (1660-1697) - Minted under King Karl XII (1697-1718) with 1705 Russian Siege Counterstamp - Lot №1061. Auction Coins.ee

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Riga (Sweden) 1 Mark 1695 - Karl XI (1660-1697) - Minted under King Karl XII (1697-1718) with 1705 Russian Siege Counterstamp

5.43g. XF-/AU. An outstanding specimen featuring fine details and beautiful olive-green natural toning. Haljak 1586; SB 113. Extremely rare.

From December 1705 to January 1706, Riga endured a siege, leading to a severe cash shortage. To address this, General Governor Carl Gustav Frölich authorized the countershaping of Swedish one-mark and five-öre coins with a special Karl XII monogram, effectively doubling their value. However, due to the town's opposition, Carl XII of Sweden revoked this decree in January 1706.

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