medieval Sweden is analyzed against the historical record. A theory of how short-lived and long-lived coinage systems work is … applied in Sweden in the period 1153–1512. In medieval Europe, old coins were frequently declared invalid and were exchanged … applied to Swedish coinage. Sweden adopted similar coin forms as those minted in Continental Europe in the Middle Ages, but …

Swedish experience is extraordinarily consistent with this theory. It is shown that Sweden adopted coin types similar to those … fees. A theoretical framework of how periodic re-coinage works in practice is tested on Swedish coinage. The theory …