Catalog
10 Riksdaler Banco / 15 Riksdaler Riksgäld
| Issuer | Sveriges Rikes Ständers Bank |
|---|---|
| Year | 1836-1857 |
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| Currency | Riksdaler banco (1830-1855) |
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| Obverse description | Central text block in letterpress with the denomination TIO (10) Riksdaler Banco, flanked by the value 15 Riksdaler Riksgäld. A reclining lion beneath the Swedish lesser coat of arms appears at the top. The face bears a lengthy anti-counterfeiting warning in Swedish. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse is blank; the letterpress impression from the obverse is visible in mirror image through the thin paper stock. |
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| Comments |
Sveriges Rikes Ständers Bank — the Riksdag's own bank, predecessor to the Riksbank — issued this note during a period when Sweden ran two parallel currency systems simultaneously. The Riksdaler Banco, backed by silver deposits, traded at a persistent premium over the Riksdaler Riksgälds, the inconvertible paper currency issued since 1789. The dual denomination printed on this note is not a misprint or overprint; it reflects the legally fixed exchange rate of 3:2, mandated so that a single note could function in both accounting systems.
Sweden did not resolve this currency duality until the 1855 monetary reform, which unified the two systems and eventually paved the way for decimalization in 1858.