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- Spot Silver Price: $30.24
Silver coins were in regular circulation in Finland. The values below represent the intrinsic value of silver coins from Finland.
Finland silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from Finland.
The melt values are calculated and displayed in USD based on the today's silver spot price of $30.24 per troy ounce.
| Denomination / Currency | Years Minted | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Melt Value |
|---|---|---|---|---|---|---|
| 25 Penni | 1865- 1917 | .750 | 1.27 | 0.95 | .0306 | $0.93 |
| 50 Penni | 1872- 1917 | .750 | 2.55 | 1.91 | .0615 | $1.86 |
| 1 Markka | 1872- 1915 | .868 | 5.18 | 4.50 | .1446 | $4.37 |
| 2 Markkaa | 1865- 1908 | .868 | 10.37 | 9.00 | .2894 | $8.75 |
| 100 Markkaa | 1956- 1960 | .500 | 5.3 | 2.65 | .0852 | $2.58 |
| 200 Markkaa | 1956- 1959 | .500 | 8.3 | 4.15 | .1334 | $4.03 |
| 500 Markkaa | 1951- 1952 | .500 | 12 | 6.00 | .1929 | $5.83 |
| 1000 Markkaa | 1960 | .875 | 14 | 12.25 | .3938 | $11.91 |
| 1 New Markkaa | 1964- 1968 | .350 | 6.4 | 2.24 | .072 | $2.18 |
| 10 New Markkaa | 1967 | .900 | 23.75 | 21.38 | .6872 | $20.78 |
| 10 New Markkaa | 1970 | .500 | 22.75 | 11.38 | .3657 | $11.06 |
| 10 New Markkaa | 1971 | .500 | 24.2 | 12.10 | .389 | $11.76 |
| 10 New Markkaa | 1975 | .500 | 23.5 | 11.75 | .3778 | $11.42 |
| 10 New Markkaa | 1977 | .500 | 21.78 | 10.89 | .3501 | $10.59 |
| 25 New Markkaa | 1978- 1979 | .500 | 26.3 | 13.15 | .4228 | $12.79 |
The history of silver coins in Finland is an interesting journey that reflects the region's political, economic, and social changes over the centuries.
The earliest coins used in Finland were brought by Vikings and traders from other parts of Europe. During the medieval period, Finland was under Swedish rule, and Swedish currency circulated in the region.
The first coins minted specifically for Finland were produced in the 15th century under the reign of King Charles VIII of Sweden. These were predominantly silver and copper coins.
During this period, Finland continued to use Swedish coinage. Silver coins were common, reflecting the broader European trend of using precious metals for currency.
In 1809, Finland was ceded to Russia and became an autonomous Grand Duchy. This shift introduced Russian currency into Finland, though Swedish coins remained in use for some time.
In 1860, the Finnish markka (FIM) was introduced to replace the Russian rouble as the official currency. The markka was divided into 100 pennies. Silver coins were minted in denominations such as 1, 2, and 5 markkaa.
These silver coins often featured national symbols and were part of efforts to foster a distinct Finnish identity.
Finland declared independence from Russia in 1917. The new republic continued to use the markka, and silver coins remained a significant part of the currency system.
The economic turmoil of the World Wars and subsequent recovery periods saw changes in coin composition. By mid-20th century, the use of silver in coins diminished due to rising metal prices and the need for more cost-effective materials.