Sweden - Svappavaara 5 Öre token 1660's Abraham Reenstierna formerly Momma F+

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Obverse: Stag, 5. ÖRS. POLLET. / A:I:M (Abraham and Jacob Momma), number 1836 stamped in.
Reverse:: blank

Abraham Momma came from an influential Dutch family of industrialists. He was born in the duchy of Jülich in 1623. He arrived to Sweden, where his family already had business interests in the metal production industry, in 1644. He partnered with his brother Jacob in 1652.

The Dutch brothers Abraham and Jakob Momma-Reenstierna had their investments in Sápmi and the upper parts of the Torne River valley, northern Sweden, during the second half of the seventeenth century.

This period was characterized by both a growing economy and a shortage of money. The Momma-Reenstierna brothers obtained a royal decree that allowed them to make tokens that were used as currency in Kengis. The tokens were made in Svappavaara from about 1660, with a value of 20 öre, with a running reindeer as a symbol and with the text AIM, Abraham Jakob Momma, from 1669 it changed to AIR.

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