Prince Gusztáv Károly was born on April 30, 1946, as the fifth and last child of Swedish Royal Prince Gusztáv Adolf and Princess Sibilla of Saxe-Coburg-Gotha. His father died in 1947 before he could ascend the throne. His mother, who died in 1972, did not live up to her son's ascension to the throne. The young prince attended a public school and spent his high school years in Sigtuna near Stockholm. He graduated in 1966, then served in the Army for two years and traveled around the world. He continued his studies at Uppsala University, where he studied economics, political science and history. However, the prince did not excel in his studies, instead he preferred sports: rowing, diving, fishing and horse riding. From the 1970s onwards, the crown prince appeared more and more in the public eye, in 1972 he handed out the Nobel Prizes to his grandfather, who was already ill. instead. In 1972, at the Munich Olympics, the king met Silvia Renate Sommerlath, the daughter of a German businessman who grew up in Brazil. The ruler fell in love with her, and on June 19, 1976, he married Silvia, who became Queen Silvia. The royal couple had three children: Viktória, Fülöp Károly and Magdolna. During the reign of King Károly Gusztáv, Sweden went through many modernization and social changes. During his reign, the role of the monarchy also changed and became more symbolic.

XVI. The accession of King Gusztáv Károly of Sweden to the throne in 1973 was a significant event in the history of Sweden. This event was also immortalized by the coinage.XVI.. Coins minted during the reign of Gusztáv Károly: 1 crown: The portrait of the king can be seen on the coin facing left, with the inscription "CARL XVI GVSTAF" underneath. On the reverse side is the coat of arms of Sweden, the three crowns, with the denomination "1 KR" below. 5 crowns: The portrait of the king can be seen on the coin facing right, with the inscription "CARL XVI GVSTAF SVERIGES KONUNG" below. On the reverse side, the coat of arms of Sweden, the three crowns, with the denomination "5 KR" below. 10 crowns: The portrait of the king can be seen on the coin facing left, with the inscription "CARL XVI GVSTAF SVERIGES KONUNG" below. On the reverse, the coat of arms of Sweden, the three crowns, with the denomination "10 KR" below.Commemorative coins: 50 kroner: The portrait of the king and queen can be seen on the coin facing left, with the inscription "CARL XVI GVSTAF + SILVIA 1973" below. On the reverse side is the coat of arms of Sweden, the three crowns, with the denomination "50 KR" underneath. 100 kroner: The portrait of the king can be seen on the coin facing right, with the inscription "CARL XVI GVSTAF SVERIGES KONUNG 1973" underneath. On the reverse side is a map of Sweden with the denomination "100 KR" underneath. The coins are made of silver and copper. The coins were issued as circulation and commemorative coins. The coins were issued by the Kungliga Myntkabinett (Royal Swedish Mint).