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A replica of a 17th-century copper coin weighing 19.7 kg and worth 10 riksdalers (equivalent to 10 thalers). Platmynts were large in size because their value had to correspond to dallers minted in silver. The functioning of platmynts is related to the issuance of paper money. In 1661, the private bank, Stockholms Banco was established. Holders of platmynts had the opportunity of depositing them and in return receiving paper bearer certificates that could be used to settle transactions. This eliminated the need to use bulky copper coins in everyday business.
