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100 Markkaa

Issuer Suomen Pankki (Bank of Finland)
Year 1918
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Size 170 × 100 mm
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Obverse description Orange intaglio on beige underprint, with the Czarist eagle removed from the original design. Two vignettes of a farmer plowing are positioned at left and right, flanking the central text panel with inscriptions in Finnish on the left and Swedish on the right. Denomination numerals appear in the upper corners, with serial numbers in the lower corners and two signature facsimiles at bottom centre.
Obverse lettering SUOMEN PANKKI MAKSAA TÄSTÄ SETELISTÄ SATA MARKKAA KULLASSA
(Translation: Bank of Finland will pay for this banknote One Hundred Marks in gold)
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Comments

Finland declared independence in December 1917, and the civil war that immediately followed — lasting from January to May 1918 — meant the Bank of Finland was issuing currency while the country was actively at war with itself. The White government retained control of the bank throughout, and notes issued during this period circulated primarily in White-held territory. Red Guard forces in the south issued their own competing scrip.

Pick 40 belongs to the first independent Finnish issue series, printed before the bank could establish stable domestic production arrangements. Hoarding during the conflict years was significant, and genuinely circulated examples with honest wear are rarer than the survival numbers suggest.

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