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Öre
Öre () is the centesimal subdivision of the Swedish krona. In the Swedish language, the plural of ''öre'' is either ''öre'' (indefinite) or ''ören'' (definitive). The name ''öre'' derives from the Latin word ''aereus/aurum'', meaning gold Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal .... The corresponding subdivisions of the Norwegian and Danish krones are called øre. Öre coins have been withdrawn since 2010, but the unit remains. History During the Middle Ages, the öre was a unit of Swedish currency equal to 1/8 of a '' mark'', 3 '' örtugar'' or either 24, 36 or 48 '' penningar'' (depending on the geographical area in which it was used). It was already a unit of account in the 11th century, but was not minted as a coin until 1522. This öre was withdrawn in 1776, ...
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örtug
Örtug or ortig (Finnish: ''äyrityinen'', ''aurto'' or ''aurtua'') was a Middle Ages, medieval currency unit in Sweden. It was originally minted as a silver coin in 1370 during the reign of king Albert, King of Sweden, Albert of Sweden. The coin weighed about 1.3 grams and consisted of 81% silver. As time passed, the örtug was debasement, debased: during the reign of Eric of Pomerania, the örtug contained 0.88 grams of silver; under Christian I of Denmark, Christian I, 0.7 grams; and in 1534 only 0.54 grams of silver. During the reign of Gustav I of Sweden, Gustav Vasa (1523–1560), the monetary system of Sweden was reformed: an örtug was now subdivided into 12 pennings, not 8 as before, while still valued as one third of an öre. Örtug coins were struck during the years 1523–1534; 1535–1540 in Stockholm; 1528–1531 in Västerås and 1589–1589 in Stockholm and Uppsala. Production ceased after another monetary reform in 1776. The örtug is also used as the official n ...
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Swedish Penning
The penning or penny was the Swedish variant of the Norwegian penning that was minted from about 1150 until 1548, and which remained as a unit of account in Sweden until 1777. Originally, penning was first minted in Norway by the kings of Norway, Norwegian king Olaf Tryggvason from the year 995, and was later adapted in both Sweden and Denmark as a coin system. The penning was minted in imitation of the Penny, pennies, pfennig and Denier (coin), deniers issued elsewhere in Europe. However, although based on these coins, the accounting system was distinct, with different systems operating in different regions. All used the ''öre'' (derived from the Latin ''aureus'') which was worth 1/8 of a Mark (money), mark or 3 örtugar. However, in Svealand, one öre was worth 24 penningar, but in Götaland it was worth 48 penningar and 36 in roughly the Diocese of Linköping and on Gotland. Around 1300, by royal command, the Svealand standard became the national standard, except on Gotland. The ...
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øre
Øre (plural ''øre'', , ) is the centesimal subdivision of the Danish and Norwegian krone. The Faroese division is called the ''oyra'', but is equal in value to the Danish coin. Before their discontinuation, the corresponding divisions of the Swedish krona and the Icelandic króna were the öre and the eyrir, respectively. The name ''øre/öre'' derives from Latin '' aureus'' "golden". The Norwegian 10-øre coin was deprecated on 23 February 1992 and ceased to be legal tender in 1993. From then on, the only Norwegian coin in use with a value below NOK 1 was the 50-øre coin, which was also deprecated on 1 May 2012. The original value were the 1, 2, 5, 10, 25, and 50-øre coins. The Danish 25 øre coin ceased to be legal tender on 1 October 2008. The only Danish coin currently in use with a value below DKr 1 is the 50 øre. See also * Heller (money) (subdivision of Czech and Slovak crowns) * Fillér (subdivision of Hungarian forint) * Other coin names that are der ...
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Oscar I Of Sweden
Oscar I (born Joseph François Oscar Bernadotte; 4 July 1799 – 8 July 1859) was King of Sweden and List of Norwegian monarchs, Norway from 8 March 1844 until his death. He was the second monarch of the House of Bernadotte. The only child of King Charles XIV John, Oscar inherited the thrones upon the death of his father. Throughout his reign he would pursue a liberal course in politics in contrast to Charles XIV John, instituting reforms and improving ties between Sweden and Norway. In an address to him in 1857, the Riksdag declared that he had promoted the material prosperity of the kingdom more than any of his predecessors. Early life and family Oscar was born at 291 Rue Cisalpine in Paris (today: 32 Rue Monceau) to Jean-Baptiste Jules Bernadotte, then-French Ministry of War (France), Minister of War and later Marshal of the Empire and Sovereign Prince of Pontecorvo, and Désirée Clary, Napoleon, Napoleon Bonaparte's former fiancée. He was named ''Joseph'' after his godfat ...
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Swedish Krona
The krona (; plural: ''kronor''; sign: kr; code: SEK) is the currency of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as means " crown" in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016. One krona is subdivided into 100 '' öre'' (singular; plural ''öre'' or ''ören'', where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in ''öre'', but all sums are rounded to the nearest krona when paying with cash. The word ''öre'' is ultimately derived from the Latin w ...
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Government Of Sweden
The Government of the Kingdom of Sweden () is the Cabinet (government), national cabinet of Sweden, and the country's Executive (government), executive authority. The Government consists of the Prime Minister of Sweden, Prime Minister and their Minister (government), cabinet ministers (). The Government is Parliamentary system, responsible for its actions to the Riksdag. The Prime Minister is nominated by the Speaker of the Riksdag, and is elected and discharged by vote of the Riksdag. The cabinet ministers are appointed and dismissed at the discretion of the Prime Minister. The Speaker shall discharge cabinet ministers that have lost a vote of confidence in the Riksdag. The short-form name ' ("the Government") is used both in the Basic Laws of Sweden and in the vernacular, while the long-form is only used in international treaties. Organization The Government governs the country and is Parliamentary system, responsible for its actions to the Riksdag. The Government consists o ...
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Zinc
Zinc is a chemical element; it has symbol Zn and atomic number 30. It is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn2+ and Mg2+ ions are of similar size. Zinc is the 24th most abundant element in Earth's crust and has five stable isotopes. The most common zinc ore is sphalerite (zinc blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity ( electrowinning). Zinc is an essential trace element for humans, animals, plants and for microorganisms and is necessary for prenatal and postnatal development. It is the second most abundant trace metal in humans after iron, an import ...
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Withdrawal Of Low-denomination Coins
The withdrawal of a country's lowest-denomination coins from circulation (usually a one- cent coin or equivalent) may either be through a decision to remove the coins from circulation, or simply through ceasing minting. Reasons This withdrawal may be due to the high cost of production, since the coin may be worth less than its cost of production. For example, when Canada phased out its penny in 2012, its production cost was 1.6 cents per penny. Other reasons include low purchasing power and low utility. Often coins are withdrawn after their purchasing power has been eroded after decades of inflation. In Switzerland, the 1 Rappen coin had fallen into disuse by the early 1980s, but was still produced until 2006, albeit in ever decreasing quantities. Conversely, the British Treasury department initially argued for the retention of the ''decimal'' halfpenny, on the grounds that its withdrawal would drive up inflation. In some countries, such as New Zealand, withdrawn coins are decl ...
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Copper
Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable, unalloyed metallic form. This means that copper is a native metal. This led to very early human use in several regions, from . Thousands of years later, it was the first metal to be smelted from sulfide ores, ; the first metal to be cast into a shape in a mold, ; and the first metal to be purposely alloyed with another metal, tin, to create bronze, ...
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Gustaf VI Adolf Of Sweden
Gustaf VI Adolf (Oscar Fredrik Wilhelm Olaf Gustaf Adolf; 11 November 1882 – 15 September 1973) was King of Sweden from 29 October 1950 until his death in 1973. He was the eldest son of Gustaf V and his wife, Victoria of Baden. Before Gustaf Adolf acceded to the throne, he was crown prince for nearly 43 years during his father's reign. As king, and shortly before his death, he gave his approval to constitutional changes which removed the Swedish monarchy's last political powers. He was a lifelong amateur archeologist particularly interested in Ancient Italy, Ancient Italian cultures. Birth Gustaf Adolf was born on 11 November 1882, at Stockholm Palace. At birth he was created Duke of Scania. A patrilineal member of the House of Bernadotte, Gustaf Adolf was also descended from the House of Vasa through maternal lines. Through his mother, he was a descendant of Gustav IV Adolf of the House of Holstein-Gottorp (Swedish line), House of Holstein-Gottorp. Gustaf Adolf was the eldest ...
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