10 Kronor

Wermlands Enskilda Bank was one of Sweden's provincial private banks operating under the 1824 and later 1846 enskilda bank legislation, which permitted note issuance against a declared capital reserve. By 1875 the system was already under pressure — the Riksbank was steadily consolidating note-issuing authority, and most enskilda banks lost their right to issue new notes entirely after the 1897 Riksbank Act. This note was printed in Carlstad (modern Karlstad), the regional capital of Värmland, making it one of the relatively few Swedish provincial issues produced domestically rather than abroad.