Catalog
1 Rigsbankdaler Rigsbanken
| Issuer | Rigsbanken |
|---|---|
| Year | 1813-1815 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | Een Rigsbank- daler Paa Valuta, som Banken eier, er denne Rigs- bank-Seddel udstedt for 1 Rigsbankdaler i Overensſtemmelse med Fundationen. Rigsbanken i Kiøbenhavn 1813 (Translation: One Rigsbankdaler. On currency the bank owns, this Rigsbankdaler-note is issued for one Rigsbankdaler in accordance with the foundation charter. Rigsbanken in Copenhagen, 1813) |
| Reverse description | Reverse is blank, showing only the plain white paper stock with visible age-related soiling and fold lines consistent with circulation use. |
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| Comments |
Rigsbanken was established by royal decree in January 1813 as a direct response to the Danish state's bankruptcy — one of the few sovereign defaults of the Napoleonic period. The bank absorbed the obligations of the collapsed Kurantbank and immediately began issuing notes against a fractional silver reserve, which meant public confidence in the new paper was shaky from the outset. The Rigsbankdaler was worth half the face value of the Kurantbank's daler it replaced, a forced conversion that wiped out savings overnight.
Notes from the 1813–1815 window are scarce partly because the institution itself was chronically underfunded during those first years.