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10 Kronor

Issuer Wadstena Enskilda Bank
Year 1877
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Shape Rectangular
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Obverse description Printed in grey-black on white cotton paper, the obverse carries ornate guilloche cornerpieces each bearing the numeral 10, with a heraldic coat-of-arms vignette surmounted by a crown at the top centre. The bank title WADSTENA ENSKILDA BANK is set in large letterpress type across the centre, above a Swedish-language promise text flanked by the denomination TIO KRONOR. Below, the place and date WADSTENA 1877 appear between two manuscript signatures and a countersignature, with an oval bank stamp at the foot and the series letter Litt. A at lower left.
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Protection type Guilloche underprint
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Comments

Wadstena Enskilda Bank was one of Sweden's numerous provincial private banks operating under the enskilda bank system, which permitted note issuance against a backing of capital and securities. The system produced hundreds of regional note types between the 1830s and its eventual wind-down following the Riksbank's consolidation of issue rights in the early twentieth century. Wadstena, a small lakeside town in Östergötland, is an unlikely place to find a bank of note-issuing status — yet the enskilda framework made exactly this possible.

Pick 640 is not a common survivor. Provincial enskilda notes were redeemed and destroyed with unusual efficiency during the transition period.

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