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As copper is worth less than silver, large plates of copper were needed to replace small silver coins. The largest copper coin weighed almost 20 kilos. Sweden had problems selling all the copper produced in the country. This was an important reason behind the minting of a great number of large copper coins up until 1644. For obvious reasons, the coins were not particularly convenient, which contributed towards the first banknotes being issued in the later part of the 1600s. Related content * The book Money and power, chapter Stockholms Banco (pdf | 4,7 MB) Close menu Close menu * + Start + About the Riksbank + The tasks of the Riksbank and research Open submenu The tasks of the Riksbank and research Close submenu The tasks of the Riksbank and research o Research Open submenu Research Close submenu Research # About us # Economists at the Research Division # Economists in other divisions # Visiting Scholars # Research publications Open submenu Research publications Close submenu Research publications @ Journal articles # Research Seminars # Conferences # Research news # Economics prize # Historical Monetary Statistics of Sweden Open submenu Historical Monetary Statistics of Sweden Close submenu Historical Monetary Statistics of Sweden @ Volume I: Exchange Rates, Prices, and Wages, 1277-2008 @ Volume II: House Prices, Stock Returns, National Accounts, and the Riksbank Balance Sheet, 1620-2012 + Management of the gold and foreign currency reserve Open submenu Management of the gold and foreign currency reserve Close submenu Management of the gold and foreign currency reserve o The gold reserve o The foreign currency reserve o Currency exchanges for a self-financed foreign exchange reserve o The Riksbank's balance sheet o Asset management and sustainability + International work Open submenu International work Close submenu International work o ECBS o Other EU cooperation o IMF o BIS o OECD o International cooperation for expert assistance o Scandinavian Foreign Exchange Committee Open submenu Scandinavian Foreign Exchange Committee Close submenu Scandinavian Foreign Exchange Committee # Foreign Exchange Global Code + Organisation Open submenu Organisation Close submenu Organisation o Departments o The Executive Board o The General Council + Policy documents Open submenu Policy documents Close submenu Policy documents o Accessibility report o Communication policy o Cookies at riksbank.se o Financial risk and investment policy and underlying regulations o Information on processing of personal data o Policy for pricing of Emergency Liquidity Assistance o Policy for the Riksbank's operational framework for the implementation of monetary policy o Policy for transaction-based reference rate, SWESTR o Procurement o Rules and Regulations on notes, coins and depots o Rules of Procedure and Instructions for Sveriges Riksbank o Strategic Plan o The Instrument of Government o The Riksbank's statute book o The Riksbank's Code of Ethics o The Sveriges Riksbank Act Open submenu The Sveriges Riksbank Act Close submenu The Sveriges Riksbank Act # Proposal for a new Sveriges Riksbank Act o Use of the Riksbank's name and logo + Sustainability Open submenu Sustainability Close submenu Sustainability o Climate Report o Published on sustainability o Sustainability in internal work o Monetary policy and sustainability o Financial stability and sustainability o Payments and sustainability o Asset management and sustainability + BIS Innovation Hub Nordic Centre Open submenu BIS Innovation Hub Nordic Centre Close submenu BIS Innovation Hub Nordic Centre o Inauguration + Why you should join us Open submenu Why you should join us Close submenu Why you should join us o Current vacancies o How do I apply for a job at the Riksbank? o The Riksbank as a workplace Open submenu The Riksbank as a workplace Close submenu The Riksbank as a workplace # Benefits + Contact Open submenu Contact Close submenu Contact o Whistleblowing + History Open submenu History Close submenu History o Historical timeline o The Riksbank's 350th anniversary Open submenu The Riksbank's 350th anniversary Close submenu The Riksbank's 350th anniversary # Anniversary conference Open submenu Anniversary conference Close submenu Anniversary conference @ Films from the anniversary conference # Commemorative book # The publication "Sveriges Riksbank - a 350-year journey" # Stamps o The building Open submenu The building Close submenu The building # The architecture # The architect Peter Celsing o Former Governors of the Riksbank o Former Chairmans of the General Council o Money and power - the history of Sveriges Riksbank o The Riksbank archives * Start Start * About the Riksbank About the Riksbank * History ... * Historical timeline ... * 1600-1699 1600-1699 * The world's largest coin The world's largest coin To top navigation SVERIGES RIKSBANK - for a strong and secure economy Postal address: SE-103 37 Stockholm Visiting address: Brunkebergstorg 11 Billing adress: Electronic billing via PEPPOL BIS Billing 3: Lev-id 0007:2021002684, operator Opus Capita Organization number: 202100-2684 Telephone: +46 8 787 00 00 E-mail: registratorn@riksbank.se * Contact The Riksbank is Sweden's central bank. 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