1 Rigsdaler Courant - Fredrick V / Christian VII White paper, no anti-counterfeit text

Kurantbanken — formally Danmarks og Norges Speciesbank — was established in 1736 as Scandinavia's first proper note-issuing bank, and this 1 Rigsdaler Courant belongs to one of its most troubled emission periods. The bank suspended specie payments in 1757 under the financial strain of Danish involvement in the Seven Years' War, and it never credibly restored them. Notes issued across this long series circulated at a persistent discount against silver, a fact the public understood well.

The absence of anti-counterfeit text is notable: later Danish issues added explicit warnings, but this series relied solely on the embossed seal and watermark. Both security features were regularly defeated by forgers, a problem the bank repeatedly acknowledged in official communications throughout the 1780s.