Finland Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.52 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Markka | 1 | 1872 - 1915 | 0.868 | 5.18 | 4.5 | 0.1446 | $0.00 | |
| New Markkaa | 1 | 1964 - 1968 | 0.35 | 6.4 | 2.24 | 0.072 | $0.00 | |
| New Markkaa | 10 | 1967 | 0.9 | 23.75 | 21.38 | 0.6872 | $0.00 | |
| New Markkaa | 10 | 1970 | 0.5 | 22.75 | 11.38 | 0.3657 | $0.00 | |
| New Markkaa | 10 | 1971 | 0.5 | 24.2 | 12.1 | 0.389 | $0.00 | |
| New Markkaa | 10 | 1975 | 0.5 | 23.5 | 11.75 | 0.3778 | $0.00 | |
| New Markkaa | 10 | 1977 | 0.5 | 21.78 | 10.89 | 0.3501 | $0.00 | |
| Markkaa | 100 | 1956 - 1960 | 0.5 | 5.3 | 2.65 | 0.0852 | $0.00 | |
| Markkaa | 1000 | 1960 | 0.875 | 14 | 12.25 | 0.3938 | $0.00 | |
| Markkaa | 2 | 1865 - 1908 | 0.868 | 10.37 | 9 | 0.2894 | $0.00 | |
| Markkaa | 200 | 1956 - 1959 | 0.5 | 8.3 | 4.15 | 0.1334 | $0.00 | |
| Penni | 25 | 1865 - 1917 | 0.75 | 1.27 | 0.95 | 0.0306 | $0.00 | |
| New Markkaa | 25 | 1978 - 1979 | 0.5 | 26.3 | 13.15 | 0.4228 | $0.00 | |
| Penni | 50 | 1872 - 1917 | 0.75 | 2.55 | 1.91 | 0.0615 | $0.00 | |
| Markkaa | 500 | 1951 - 1952 | 0.5 | 12 | 6 | 0.1929 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Finland is an interesting journey that reflects the region's political, economic, and social changes over the centuries.
Medieval Period and Swedish Rule
The earliest coins used in Finland were brought by Vikings and traders from other parts of Europe. During the medieval period, Finland was under Swedish rule, and Swedish currency circulated in the region.
The first coins minted specifically for Finland were produced in the 15th century under the reign of King Charles VIII of Sweden. These were predominantly silver and copper coins.
16th to 18th Century
During this period, Finland continued to use Swedish coinage. Silver coins were common, reflecting the broader European trend of using precious metals for currency.
In 1809, Finland was ceded to Russia and became an autonomous Grand Duchy. This shift introduced Russian currency into Finland, though Swedish coins remained in use for some time.
19th Century and the Finnish Markka
In 1860, the Finnish markka (FIM) was introduced to replace the Russian rouble as the official currency. The markka was divided into 100 pennies. Silver coins were minted in denominations such as 1, 2, and 5 markkaa.
These silver coins often featured national symbols and were part of efforts to foster a distinct Finnish identity.
20th Century
Finland declared independence from Russia in 1917. The new republic continued to use the markka, and silver coins remained a significant part of the currency system.
The economic turmoil of the World Wars and subsequent recovery periods saw changes in coin composition. By mid-20th century, the use of silver in coins diminished due to rising metal prices and the need for more cost-effective materials.
