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The Finland 5 Pennia 1889 KM#11 VF is a numismatic treasure that provides a fascinating window into the history and coinage of Finland during the late 19th century. Minted in 1889, this coin represents a pivotal period when Finland was part of the Russian Empire and experiencing significant changes in its monetary system.
The design of the coin reflects the historical context of its time. The obverse features the Imperial Russian coat of arms, which was used on Finnish coins during this era due to Finland's status as an autonomous Grand Duchy within the Russian Empire. The coat of arms consists of a double-headed eagle with the Romanov family shield on its chest. On the reverse side of the coin, the denomination "5 PENNIA" is inscribed within a wreath of oak leaves. The year of mintage, "1889," is positioned below the wreath.
The Finland 5 Pennia 1889 KM#11 VF was minted at the Helsinki Mint, which played a pivotal role in producing Finnish coinage during this period. The mint ensured a steady supply of currency to support Finland's growing economy and trade.
Exact mintage figures for this specific coin are not readily available, but it's important to understand that during the late 19th century, significant quantities of penni coins were typically minted to facilitate daily commerce. The 5 Pennia denomination represented a small unit of value and was commonly used in everyday transactions.
The denomination of 5 Pennia is a reflection of Finland's traditional currency system, where the markka was divided into 100 penniƤ. These smaller denominations were essential for everyday transactions, allowing people to make purchases of various sizes and values.
Regarding its condition, the Finland 5 Pennia 1889 KM#11 VF is graded as "VF," which stands for "Very Fine." In numismatic terms, a VF grade indicates that the coin has experienced some wear from circulation but still retains a significant amount of its original detail. Very Fine coins may exhibit some softening of the design elements and minor surface abrasions, consistent with their age and use in commerce. Despite this wear, the coin's overall features remain clear and distinguishable.
The historical significance of this coin extends beyond its design and condition. During the late 19th century, Finland was undergoing a period of political and economic change. While it was part of the Russian Empire, Finland maintained a degree of autonomy, and its currency played a vital role in its economy and trade.
In conclusion, the Finland 5 Pennia 1889 KM#11 VF is not just a piece of currency but a historical artifact that offers insights into Finland's past as an autonomous Grand Duchy within the Russian Empire. Its design, minting history at the Helsinki Mint, denomination, and Very Fine condition all contribute to its appeal among collectors and numismatic enthusiasts. This coin serves as a tangible link to a time when Finland's economy was evolving, and its currency played a crucial role in everyday life and commerce.