2 Markkaa obverseObverse

Image: Wikimedia Commons · CC BY 4.0

2 Markkaa

Finland

1865–1944

Reference data compiled from public catalogs

Estimated Melt Value

$24.83

Based on Silver spot price ($79.27/oz) · 83.5% purity · 11.67g

Updated 6:36 PM

Collector premium not included

Specifications

CountryFinland
Years Minted1865–1944
Composition0.835 silver
Weight11.67 g
Diameter23 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the portrait of the ruling monarch, such as Alexander II of Russia as Grand Duke of Finland.

Reverse

Displays the Finnish coat of arms with the denomination and date.

History & Notable Facts

The 2 Markkaa coin was one of the first Finnish denominations to incorporate the imperial Russian eagle on its reverse, a nod to the country's status as a grand duchy under tsarist rule.

That design choice reflected Finland's delicate balance of autonomy and oversight from 1865 onward. Early issues were struck in Helsinki using .500 fine silver, with weights standardized at 6.45 grams to fit the Latin Monetary Union. Mintage varied by year, but records from the 19th century are spotty; we know production peaked around 1900, though exact figures burned in the 1918 civil war archives.

Obverse portraits shifted with each tsar, from Alexander II to Nicholas II. Post-independence in 1917, the coin adapted to feature a more nationalistic lion emblem. Worn examples turn up frequently in hoards, evidence of everyday use.

Some call it confusingly similar to Swedish coins. It is.

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