De Gortz Daler Öffentlichkeit Deposited
The name given to a series of eleven copper coins struck in Sweden from 1715 to 1719, which are so called from Baron George Henry de Gortz, a nobleman who obtained the sanction of Charles XII to issue them. They were intended to pass for four times the value which they would have possessed if composed of an equal weight of fine silver.
The death of the King in 1718, and the execution of de Gortz in the following year, put an end to the exaggerated valuation of these coins, and they were reduced to something like their actual worth, that is, about two Pfennige.
- Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)