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| Issuer | Suomen Pankki (Bank of Finland) |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 10 Markkaa |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black vignette at centre depicts a log cabin farmhouse with two cows in a rural setting. Bilingual text in Finnish and Swedish frames the design, with smaller statutory text in Finnish on the left margin and the Swedish equivalent on the right. |
| Reverse lettering | SUOMEN PANKKI FINLANDS BANK LAKI SUOMEN SUURIRUHTINAANMAAN RAHASTA ANNETTU HELSINGISSÄ 9P:NÄ ELOKUUTA 1877. 1§ SUOMENMAAN RAHALAITOKSEN KANTANA ON KULTA AINOANA ARVONMITTANA. (Translation: Bank of Finland, in Finnish [left] and in Swedish [right]. [Small lettering on either side] The law on the Grand Duchy of Finland's money enacted in Helsinki on 9th of August 1877. 1§ The Finnish department of finance determines gold as the only standard of value) |
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| Comments |
Finland's declaration of independence in December 1917 was followed almost immediately by civil war, and the Bank of Finland found itself issuing currency under conditions of genuine institutional crisis. The 1918 10 Markkaa appeared while White and Red factions were still fighting, meaning the note's legitimacy was literally contested depending on which side of the front line you stood on.
Red Finland issued its own competing currency during the conflict. Notes from both administrations circulated in their respective territories, and after the White victory in May 1918, Red-issued paper was declared void — a settlement that left holders on the losing side with worthless paper overnight.