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10 Kronor

Issuer Gefleborgs Enskilda Bank
Year 1875
Type Standard circulation banknote
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Obverse description The obverse is set within an ornate typographic border with repeated numeral '10' corner pieces and guilloche underprint throughout. At left, a circular vignette contains a seated female allegorical figure in classical dress. The centre bears the bank name in bold letterpress, with the denomination 'TIO KRONOR' repeated across the top, bottom, and centre panel flanked by 'KRONOR' on either side. A heraldic coat of arms vignette appears at upper right, with serial number, series letter, place of issue 'Gefle 1875', and three manuscript signatures below the central text.
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Reverse lettering GEFLEBORGS ENSKILDA BANK
KRONOR TIO KRONOR
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Comments

Gefleborgs Enskilda Bank was one of the provincial private banks operating under Sweden's enskilda bank system, which permitted note issuance against capital reserves and the personal liability of shareholders. That liability clause was not decorative — when banks failed, shareholders were on the hook. Gefleborgs survived long enough to be absorbed into the consolidating national framework, but notes from the mid-1870s represent the system near its peak, just before the Riksbank began systematically squeezing out the provincials.

Pick #180 is sparsely documented, and confirmed surviving examples are uncommon in the dealer market.

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