The Economy Museum’s collection dates back to around 1572 when Rasmus Ludvigsson [sv] began collecting old Swedish coins. Over the next few centuries, the royal collection grew with donations from royals.

In 1786, the Royal Academy of Letters was established and took ownership of the collection. In 1846, the collection was exhibited publicly for this first time at the Ridderstolp House at Skeppsbron.

In 1865, the Royal Coin Cabinet collections was moved into the National Historical Museum. The collection was exhibited there until it moved to another building in Östermalm between 1938 and 1948. From 1899 to 1929, numismatist Rosa Norström expanded the collections.

In 1996, the museum was moved to Slottsbacken in Stockholm’s Old Town. It changed its name from “Royal Coin Cabinet – The National Museum of Coin, Medal and Monetary History” to “Royal Coin Cabinet – National Museum of Economy.”

In 2017, the museum closed and, in 2019, reopened in the Swedish History Museum’s building.