1 Swedish Krona Coin :: Sweden 1977

1 Swedish Krona Coin :: Sweden 1977 (Swedish One Krona Coin – Sweden/Sverige 1977).
1 kr Coin; 1.00 kr Swedish Coins.
Minted: 1976–2000
Obverse: A portrait of King Carl XVI Gustaf in profile; Year of minting; The text “Carl XVI Gustaf Sverige” (Carl XVI Gustaf Sweden).
Reverse: The lesser coat of arms below a royal crown; Legend: King Carl XVI Gustaf’s motto ” För Sverige – I tiden” (For Sweden – With the times) above and the text “1 krona” below; The first letter of the place of issue; The first letter of the surname of Urban Bäckström, Governor of the Riksbank.
Colour: Silver
Material: Alloy of copper and nickel
Weight: 7.00 grammes
Diameter: 25.00 mm
Thickness: 1.88 mm
Edge: Milled
Designer: Lars Englund.
Nickname: spänn, pix, daler, riksdaler, crowns (English), bagare/bagis, lök, lax.
Notes: All 1 krona coins minted in 1875 or later were all legal tender up until 30 June 2017.
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The Krona (plural: kronor; sign: kr; code: SEK) has been the currency of Sweden since 1873. Both the ISO code “SEK” and currency sign “kr” are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as krona literally means crown in Swedish. The Swedish krona was the 9th most traded currency in the world by value in April 2016.
One krona is subdivided into 100 öre (singular and plural; when referring to the currency unit itself, however, the plural definite form is ören). However, all öre coins have been discontinued as of 30 September 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash.
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Contemporary Krona Coins:
On 11 September 2012, the Riksbank announced a new series of coins with new sizes to replace the 1 and 5 kronor coins which arrived in October 2016. The design of the coins follows the theme of singer-songwriter Ted Gärdestad’s song, “Sol, vind och vatten” (English: “Sun, wind and water”), with the designs depicting the elements on the reverse side of the coins. This also included the reintroduction of the 2 kronor coin, while the current 10 kronor coin remained the same. The new coins also have a new portrait of the king in the design. One of the reasons for a new series of coins is to end the use of nickel (for allergy reasons). It is expected that vending machines and parking meters will to a fairly high degree stop accepting coins and accept only bank cards or mobile phone payments. Cash is already less used in Sweden, with many young people avoiding cash as much as possible.