Well, it's not legal tender anymore in Sweden. But given it's 80% silver, I'd say it's still better money than the current currency.
Fun fact is that all commerstive coins, such as the one in the photo, still is legal tender as per Riksbank website. Shops can, however, choose to not include that method in their offer. So kinda pointless, i suppose. Typical fiat, eh.
That‘s exactly what I was going to say next…might have more value then your current currency xD
Yup.
There's a good reason no fiat contains any silver anymore - the nominal value has zero chances against the silver price.
Hungary actually had silver in some circulation coins 92-94 to show their commitment to defend the value of their forint.
Well, then it went bananas like always, they stopped using silver and the forint is rushing to zero in real terms. Like all fiats.
