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
| Country | Norway |
| Years Minted | 1891–1905 |
| Composition | 90% gold, 10% copper |
| Weight | 8.96 g |
| Diameter | 23 mm |
| Shape | Round |
| Edge | Reeded |
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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