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Sweden's New Circulation Coins

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X2an's Avatar
Sweden
1078 Posts
 Posted 11/30/2016  11:58 am  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply

Quote:
Any interesting finds in 'old' coins so far?


Apart from seeing more 2009-commemorative 1-krs, nothing, really.
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UltraRant's Avatar
Norway
1358 Posts
 Posted 12/04/2016  11:27 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
It will come, I guess... Maybe more near the point where they really go out of circulation and people start spending the tins of change they have in the attic.
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X2an's Avatar
Sweden
1078 Posts
 Posted 01/25/2017  09:13 am  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply
It's been a while since last update, and things have definitely changed.
My local supermarket always dispenses them now. Haven't got old coins in quite some time from there. In additions, I've seen them emptying rolls of new coins into the machines and emptying them, the sounds of the coins sounded like old ones but I didn't notice any coins, maybe because of their grey colour and the clour of the container they had.

I've seen a fair amount of people paying with these new coins, usually to even out the change. Almost none of these had old coins. (at my local supermarket)

Since I do most of my purchases at my local supermarket, I've now got a fair amount of new coins. 180 kr worth, 34 x 1 kr, 33 x 2 kr, 16 x 5 kr. I have yet to spend any.

The new coins have hit my sunday market, but that's about it. Most people still hand out old change, but the coins have arrived at least.

Perhaps not that notable and interesting, but I found my first new coin lying on the ground the other day, a mostly uncirculated 5-kr coin. I did spot one earlier, but it was under a metal grill at a staircase on a busy commuter rail station, so it was a lost cause.

I will imagine me finding less coins in a way now since the new coins are simply more colourful. Both of those coins stuck out incredibly well, and I'm amazed no one else seemed to react. Other old coins are often much less visible, including 10-kr coins that have been out for a while. I suppose when the new coins start to see the effects of circulation they will be less visible on the ground.
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jbuck's Avatar
United States
189604 Posts
Valued Member
United States
413 Posts
 Posted 11/07/2017  04:36 am  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
Dear X2an,

I am writing this post because I have been following your post on new Swedish banknotes and coins with much interest.

I asked my friend in Sweden to get some new coins for me. She was able to get them. We are struggling to find a 10 kronor (with slightly modified motto or was it a heading for King? Forgot which it was.) coin in UNC or near UNC condition.

She does not use bank.

I am trying to think of better places to find a 10 kr. coin in a better condition.

Perhaps you have a good advice or pointer for my friend and me? I would be most grateful for your help in advance.

My friend said she would be glad if you know any way for her to find such a coin in a better condition.

Many thanks for your help in advance. I really enjoyed your posts on new Swedish currency! This post is interesting as well--especially about Norwegian prices and supermarkets. :)

Kind regards,

Carrigna
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X2an's Avatar
Sweden
1078 Posts
 Posted 11/07/2017  05:49 am  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply
Hi Carrigna, thanks for showing interest. That's why I do this (except I've seemed to forget this thread for a while )

I think chances are quite slim. The 10 kr coin hasn't been minted since 2009 and time is really taking its toll. Despite cash usage might be down, 10 kr still buys you some smaller stuff so they will end up being used, if not in larger bunches. They are definitely popular.

The vast majority of these that I see are 1991's and occasionally 1992, 1993, 2000 and 2001-2009.

There's usualy quite some time in between a shiny 10 kr coin. Luckily, most of those are the lastest time I think you're looking for. I'd say the revised portrait (2001-2009) has two subtypes, with the date digit spacing making the differance 2001-2006 and 2007-2009 respectively). Of the shiny, aUNC coins that do come my way they're mostly all the latter.

I haven't encountered any "pockets" of uncirculated 10 kr coins and I doubt banks would be of any help. Uncirculated rolls do not seem to be avalible anymore after 8 years of no minting. Perhaps new ones are due soon?

The only hope you would have (circulation wise) is to hope you'll get one in change from a coin shop where the staff have recently broken up a year set. I've got several UNC circulation coins this way that are way too perfect to have seen circulation, but the risk might also be that you're getting the 1991-2000 type. That of course required you to have business at those places which unless you're selling off silver coins or other coins wouldn't really be the business of the average person.

Other than that, you'll just have to buy them unless you've somehow got them from circulation. It's not impossible, just rare. These coins are avalible in year set and these are typically quite cheap for the later years, but always over face value, shipping not included. Single, uncirculated pieces should definitely be avalible on ebay or the Swedish version, Tradera. Buying there should be cheap, shipping usually 14 kr or about $1.80. Naturally it's in Swedish but translation software should do the trick.

Hope this helps!
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jbuck's Avatar
United States
189604 Posts
Valued Member
United States
413 Posts
 Posted 11/08/2017  12:19 am  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
Thanks, Xan2, for your very informative and helpful post!! I really appreciate your taking time to answer my question.

I am a bit saddened that it would be difficult to find such 10 kronor coin. I will pass your explanation onto my friend.

Thanks for your kind welcome, Jbucks!

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UltraRant's Avatar
Norway
1358 Posts
 Posted 11/09/2017  02:33 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
I agree with what X2an writes. 10 kronor coins haven't been minted for almost a decade, so getting any in uncirculated state is getting tougher. If you can get a set then that's a good solution. For the individual coin, Tradera (Swedish) or Finn (Norwegian) or catawiki (European) might be of help. with the latter you have to look for 'shops' which are hidden somewhere deep down inside the site. All will come with postage, though, so finding a local coin shop and go for a set might turn out cheaper.

Glad you like the information about Norway and our supermarkets too. I hope it doesn't discourage you from having an interest in our country here!
Valued Member
United States
413 Posts
 Posted 11/13/2017  12:38 am  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
@ X2an, you were a big help with your informative explanation on 10 kronor coins! I was able to pass your information onto my friend. My dear friend was a bit disappointed as she really wanted to help me out. I had to assure her that it is perfectly OK. :)

@ Thank you, Ultrarant, for your wonderful insightful information on Sweden's 10 kronor coins. It is much appreciated!! Why, yes. I did enjoy learn about your country's supermarket and foods. Yu confirmed that my friend who lives in Oslo who told me about having to shop in Sweden for food and some drinks.

My apologies to both of you for my belated reply! I was preoccupied with other things that I had to address first. Again, thank both of you for educating me!

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capsnhawks's Avatar
United States
134 Posts
 Posted 11/13/2017  11:19 am  Show Profile   Bookmark this reply Add capsnhawks to your friends list Get a Link to this Reply
Being a collector of Swedish, Norwegian, Danish, and Icelandic coins and currency, I am always keeping an eye open for them at my local coin shop here in northern Virginia. The shop pulls in a lot of world coins and currency and Scandinavian is never in short supply. To date I have not seen any of the new Swedish coins or currency. I have come across the new British pounds, though. Bought a 2016 and 2017 this past Saturday. Has anybody come across any of the new Swedish stuff on this side of the pond?
Valued Member
United States
413 Posts
 Posted 11/13/2017  5:48 pm  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
Capsnhawks,

You have a good question! I have not seen new coins myself.

As I understand it, it appears Swedish people are using less of their currency now and are using more of their debit cards/credit cards to pay for virtually everything.

It might mean less coins in the circulation now comparing to the usage in the past?

X2an would be able to answer your question. Ultrarant might be able to answer your question as well as he is a frequent visitor to Sweden as he lives in Norway.

Good luck!
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capsnhawks's Avatar
United States
134 Posts
 Posted 11/15/2017  09:41 am  Show Profile   Bookmark this reply Add capsnhawks to your friends list Get a Link to this Reply
Carrigna,

Thank you! Yes, your thoughts on coin/currency usage in Sweden are certainly true. I'm just going to have to be patient, keep my eyes open, and constantly check with my coin dealer.
Valued Member
United States
413 Posts
 Posted 12/05/2017  11:24 pm  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
Hi X2an,

I got new Swedish coins. They look great. I like an effigy of King Gustav much better this time around.

However, they feel "cheap" comparing to old coins. Please do not take this as an offence to you and your country. I meant as in purchasing power.

I do not know if it is necessary to have 2 kronor coins? I thought Sweden would be better off having 20 kronor coins instead?

Your thoughts?

My friend did find a 10 kronor in much better condition but it has a lot of scratches on front and a chip on the reverse's rim. :(

She said the same thing as you or Ultrarant that it is difficult to find 10 kronor coin in better condition.

I will wait and ask someone who could help me out in getting one for me in the near future.

Right now, I am just happy to have new Swedish coins for my collection. :)

I believe these coins might be the last series of coins for Sweden in the coming years. Just a feeling I have.

Sad to see them go.

Thank you so much for your help, X2an and Ultrarant. If not for your help, my friend and I will go around and around.

PS Two Garbo stamps were not postmarked on the envelope!! I am not sure if they are any use? Let me know. I am surprised that postage is nearly same as ours here.
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X2an's Avatar
Sweden
1078 Posts
 Posted 12/07/2017  3:57 pm  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply
Hi Carrigna

I too think these new coins feel "cheap". They're quite the stark contrast to the old coins especially in size - the 1 and 5 krona due to their sizes still mess with my brain a bit. The 1 kr is just too small, it should be a 50 Öre coin instead due to both its size and colour. But it's not. I think many have said this, typically with "but who uses coins anymore?"

Though I feel purchasing power-wise, they feel mostly in line, but still on the cheaper end. 2 kr coins can actually buy you something, albeit very small items. However a couple could easily buy you a snack unlike the Euro "copper" coins that really are next to worthless. Many people here have comented on how similar they feel to the Euro coins and I wonder if not the "cheapness" feeling comes from there. But that's beyond me.

I think it's been very necessary to introduce a (new) 2 kronor coin, it just makes you end up with less coins. It was incredibly noticable at first when they were essentially the first new coins out and got blended in with the old masses of 1 krona coins which really weighed down your wallet. To me it was a very welcomed addition.

I too think we'd be better off with a 20 kr coin but we ended up without one. It seemed like a clash between government institutions, not a well-considered debate. Either way, I'm not too bothered as there's really nothing I can do. The 20 kr notes are mostly quite folded and sometiems dirty but the increased thickness of them have made them much more tear-resistent, so compared to the last series banknotes they fare much better.

I am genuinely interested to know when the Riksbank will issue new coins. As mentioned earlier in this thread, the mintages are know for the new coins, and we're well into 2017 now and I've yet to see any 2017 dated coins, so I reckon the chances for seeing any new dates on coins will be slim for the near future. It's just the 10 kr coin - since it hasn't been minted since 2009 I do think they are atleast considering issuing new dates of these soon. The 1991/1992 mintages were huge (>100mn for both) and the later issued coins (2001 - 2009) have relatively low mintages. This is clearly represented by coins in circulation, but I do wonder if this will be enough for a while. Coins do wear out, disappear in various ways, get disfigured/destroyed or just forgotten at home. Either way, it feels like the amount of 10 kr coins in circulation should have dropped noticeably in circulation without releases for eight years straight. And it's not like early or late mintages have been in storage for later releases - like I've mentioned earlier I rarely see 10 kr coins in good condition, even later issues are not perfect although generally in better condition as one could expect with less circulation time. Perhaps the drop in cash usage delays this with less coins being needed for circulation? That's the only plausible reason I can think of. But considering the 2013 commemorative 1 krona release was still noticeable and "issued due to commercial demand", it still seems a bit strange. 10 kr coins have a much better circualtion intentive due to their high denomination but even they get out of circulation sometime.

Time will tell
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