5 Kroner Gold obverseObverse

Image: Wikimedia Commons · KenzoMogi · CC BY-SA 4.0

5 Kroner Gold

Norway

1891–1905

Reference data compiled from public catalogs

Estimated Melt Value

$1,243.42

Based on Gold spot price ($4,795.98/oz) · 90.0% purity · 8.96g

Updated 6:41 PM

Collector premium not included

Specifications

CountryNorway
Years Minted1891–1905
Composition90% gold, 10% copper
Weight8.96 g
Diameter23 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the portrait of King Oscar II facing right.

Reverse

Displays the Norwegian coat of arms within a wreath.

History & Notable Facts

The 5 Kroner gold coin was part of the Scandinavian Monetary Union, making it legally equivalent to Swedish and Danish crowns for trade across borders.

That meant you could spend one in Oslo, Stockholm, or Copenhagen without anyone batting an eye. The coins were struck at the Kongsberg Mint, using 90% gold planchets, and featured King Oscar II's portrait on the obverse, with the national arms on the reverse. Designs varied slightly over the years, but the weight stayed consistent at about 8.96 grams. Mintage figures for specific years are spotty; records from that era burned in a fire at the mint in 1914.

Exact numbers aren't worth guessing. If you're handling one, note the edge is reeded to deter clipping, a common scam back then. As for why they stopped minting in 1905, it ties to Norway's independence from Sweden, though that's more politics than coins.

Gold's allure never fades, even for a currency that outlived its union.

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