Catalog
1 Krona
| Issuer | Sveriges Riksbank |
|---|---|
| Year | 1914-1940 |
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| In circulation to | 31 December 1987 |
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| Obverse description | The National Coat of Arms — two crowned lions supporting a quartered shield surmounted by a royal crown — is engraved at the top centre, set against an intricate green guilloche underprint that fills the entire note. Two circular vignettes at left and right each contain the numeral '1', while a central oval cartouche also carries the figure '1' at the lower centre; the denomination 'EN' appears in a further oval cartouche mid-field flanked by Gothic-script 'Krona' legends. Two manuscript signatures appear in the lower portion, with the serial number and date printed in black at upper left and right. |
|---|---|
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| Reverse description | The reverse reproduces the entire obverse design in mirror image, printed in black without the green guilloche underprint, giving the note a visually symmetrical back. The Royal Coat of Arms vignette appears at top centre, the two circular numeral medallions flank the field at left and right, and the central 'EN' cartouche and lower '1' oval are identically positioned. The text and denomination inscriptions read in reverse, confirming the intentional mirror-image layout characteristic of this issue. |
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| Comments |
Sveriges Riksbank issued this small-denomination Krona note across an unusually long production window — over a quarter century — during which Sweden navigated the First World War, the subsequent economic turbulence of the early 1920s, and the Great Depression. The note's longevity in the series is partly explained by the low denomination: demand for 1 Krona notes was constant and largely insensitive to monetary reform cycles.
Sweden suspended the gold standard in 1914 at the war's outbreak, and these small notes filled an immediate gap left by hoarded coin. Silver 1 Krona pieces effectively vanished from circulation that year, making paper substitutes necessary far sooner than the Riksbank had planned.