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10 Kroner State certificate
| Issuer | Danish State (Finansministeriet) |
|---|---|
| Year | 1914-1916 |
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| Reference(s) | P#16 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Statsbevis, 10 Kroner. Dette Bevis - udstedt i Henhold til Lov af 2/8 1914 - og lydende paa TI KRONER, indløses af den danske Stat Aarsdagen efter den nedenfor anførte Dato med 10 Kroner og et tillæg af 5%. Kjøbenhavn, den 1/10 1914 (Translation: State certificate, 10 Kroner. This certificate - issued according to law of August 2nd 1914 - for the value of TEN KRONER will be redeemed by the Danish State with 10 Kroner and an additional rate of 5 per cent on the (first) anniversary of the date mentioned below. Copenhagen, October 1st 1914) |
| Reverse description | Log in to see details |
| Reverse lettering | Nedenstaaende Tabel viser, hvorledes paa-lydende Værdi foröges ved Tillæg af 5% Rente. (Translation: The table below shows how the face value increases by addition of 5 per cent rate.) |
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| Comments |
Denmark's Finansministeriet issued these state certificates — technically not banknotes — as an emergency measure following the financial panic triggered by the outbreak of World War One in August 1914. The Nationalbank temporarily suspended convertibility, and the state stepped in directly with its own paper obligations to prevent a liquidity collapse. The issuing authority being the Finance Ministry rather than the central bank is the distinguishing legal fact here; these circulated alongside Nationalbank notes but carried a different governmental guarantee.
The Copenhagen printing kept production under domestic control at a moment when foreign press contracts were suddenly unreliable.