1779 Security of Sweden’s Trade Vindicated Medal. Forrer III, 448. Bronze, 42 mm. MS-64 (PCGS). 574.1 grains. Signed GL for Gustav Ljungberger. Choice medium brown surfaces grace both sides, lightly reflective and very attractive, with a hint of pale blue toning in the fields. A fine high relief rendering of Gustav III is depicted on the obverse, a sailing vessel is intricately detailed on the reverse. Some light mint-made fissures are seen on the obverse, most prominent in the lower right field. The eye appeal remains excellent on both sides.<p><p>Mr. Margolis noted "it would seem that this medal is as deserving of inclusion in Betts as the subsequent Treaty of Neutrality (Russia - Sweden - Denmark - Holland) medal of 1780 (Betts-571)." The reverse legend SECURITAS COMMERCIORUM VINDICATA means "the safety of commerce vindicated," a reference to British attempts to quash the free port autonomy of the Swedish port of Marstrand. Tax free and devoid of regulations, the port became a favorite spot for privateers and others the British considered undesirable. British aggression toward Swedish vessels pushed Sweden into the League of Armed Neutrality, as commemorated by Betts-571 and Betts-572. Betts-573 commemorated Hollands role in the League. From the Richard Margolis Collection. Earlier from Ahlstrom Mynthandels Auction 29, April 1984, lot 2192.
