Estonia Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.56 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Kroon | 1 | 1933 | .500 | 6 | 3.00 | .0965 | $0.00 | |
| Krooni | 2 | 1930 - 1932 | .500 | 12 | 6.00 | .1929 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Estonia is a fascinating journey through time, reflecting the nation's changing political and economic landscape. From the medieval period to modern times, silver coins have played an important role in Estonia’s monetary system.
Medieval Period
During the medieval period, the region that is now Estonia was influenced by various powers, including the Teutonic Order and the Hanseatic League. Silver coins from this era often included the Livonian mark, which was used in trade and commerce across the Baltic region.
Swedish and Russian Rule
In the 16th and 17th centuries, Estonia came under Swedish rule, and Swedish silver coins circulated widely. Later, in the early 18th century, Estonia was incorporated into the Russian Empire, and Russian silver rubles became the standard currency. The Russian influence remained strong until Estonia gained independence in the 20th century.
Independence and the Interwar Period
Estonia declared its independence in 1918, following World War I. In 1928, the Estonian kroon was introduced as the national currency, and silver coins were minted as part of this new currency system. The kroon coins featured various designs, including images of the Estonian coat of arms and national symbols.
Soviet Era
During the Soviet occupation of Estonia from 1940 to 1991, the Estonian kroon was replaced by the Soviet ruble. Silver coins from this period were Soviet-issued, and the local coinage traditions were suppressed.
Modern Era
After regaining independence in 1991, Estonia reintroduced the kroon as its national currency. Silver coins were once again minted, with contemporary designs celebrating Estonian heritage and culture. In 2011, Estonia adopted the euro, and Estonian euro coins, including commemorative silver coins, became part of the Eurozone currency system.
Conclusion
The evolution of silver coins in Estonia mirrors the country’s complex history, from medieval trade routes to modern European integration. Today, collectors and historians alike take great interest in Estonian silver coins for their historical and cultural significance.
