Catalog
50 Kronor
| Issuer | Norrköpings Enskilda Bank |
|---|---|
| Year | 1877 |
| Type | Log in to see details |
| Value | 50 Kronor |
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| Obverse description | Printed in olive-green and rose tones, the obverse carries the bank title NORRKÖPINGS ENSKILDA BANK in large letterpress across the upper centre, flanked by ornate guilloche corner cartouches each bearing the numeral 50. A finely engraved oval vignette to the left presents a standing allegorical female figure holding a spindle, set against a lightly shaded background. The central text states the bank's redemption obligation in Swedish, with FEMTIO KRONOR in bold letterpress below, the place and date NORRKÖPING 1877 appearing beneath, and a cancel-perforated signature block at the foot. |
|---|---|
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| Reverse lettering | NORRKÖPINGS ENSKILDA BANK FEMTIO KRONOR 50 |
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| Comments |
Norrköpings Enskilda Bank was one of Sweden's longer-surviving private banks, chartered under the 1824 enskilda bank legislation that allowed provincial institutions to issue their own notes against a metallic reserve. By 1877 that system was already under pressure — the Riksbank was steadily consolidating note-issuing authority, and most enskilda banks would lose their right to issue entirely under the 1897 reforms.
Printing in London rather than Stockholm was common for Swedish provincial issuers at this period, with Perkins Bacon handling a significant share of the work. The quality of intaglio security printing available domestically simply couldn't match what the London trade houses could produce at competitive cost.