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10 Riksdaler Banco

Issuer Sveriges Rikes Ständers Bank
Year 1836-1857
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Value 10 Riksdaler Banco
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Obverse description The obverse is executed in intaglio on aged cream paper, framed by an intricate foliate and scrollwork border. At the top centre, a crowned lion reclining on a globe appears within a radiate vignette, flanked by ornate guilloche panels bearing the denomination 'TIO' (ten) in a central oval cartouche, with 'Riksdr' to the left and 'Banco' to the right. The issuer's name 'Sveriges Rikes Ständers Bank' is set in copperplate letterpress below the vignette, followed by a handwritten date 'Stockholm den 28de Januari 1857' and two manuscript signatures, with the numeral '10' in a small oval at the foot.
Obverse lettering Sveriges Rikes Ständers Bank
Inlöser vid anfordran denna Sedel à
Riksdr TIO Banco
med 3½ Riksdr Silver Specie, enligt
1830 Års Mynt-Fot.
Stockholm den 28de Januari 1857
No 25851
Litt A
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Comments

Sveriges Rikes Ständers Bank — the Estates of the Realm Bank, predecessor to Sveriges Riksbank — issued this note during a period when Sweden's monetary system was grinding through a slow, politically contested transition away from the Riksdaler Banco unit. The Banco was a bookkeeping currency tied to the old Hamburg exchange standard, increasingly divorced from the silver-backed Riksdaler Specie circulating alongside it. The resulting dual-currency confusion was a genuine headache for merchants, and pressure to rationalize the system ultimately led to the 1855 reform that set the stage for full decimalization in 1858.

The series ran over two decades, which means paper quality and handwritten dating details vary considerably across surviving examples.

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