Catalog
12 Daler KM
| Issuer | Sveriges Riksens Ständers Banco (Bank of the Estates of the Realm) |
|---|---|
| Year | 1734-1776 |
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| Shape | Rectangular |
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| Obverse description | The upper portion of the note carries two large circular embossed dry-stamp seals: the left seal bears a radiant starburst device above an allegorical figure with the Latin legend HINC ROBUR ET SECURITAS, while the right seal displays the Swedish royal crowns with the inscription SVERIGES RIKES STÄNDERS BANCO TRANSP:SEDEL ANNO 176_. The body of the note is set in Gothic blackletter letterpress, stating the denomination in Swedish, Latin, and Finnish. Two manuscript authorising signatures appear at the lower right. |
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| Obverse lettering | UTI Riksens Ständers Wäxel-Banco äro av Sedel-hafvaren insatte Tolf Daler kopparmynt: skolandes thenne Sedel på 12 Daler k:mt gälla i hwars hand then finnes, och af Banquen wid upwisandet betald warda. Stockholm then _________ Anno 176_ Then som thenne sedel efterapar skal warda hängd, men then, som bewisligen uptäcker efteraparen, skal undfå Fyratio Tusende Daler kopparmynts præmium, enligt Kongl. Maj:ts Nådige Kungörelse af then 20 Decembris 1754. Såg Tolf Daler k:mt. Kaxi toistakymmentä Daleri kupar raha |
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| Comments |
Sveriges Riksens Ständers Banco — the predecessor institution to what would become Sveriges Riksbank — issued this denomination during a period of profound political turbulence in Swedish monetary affairs. The 12 Daler Kopparmynt notes circulated through the Age of Liberty, a parliamentary era that saw the Riksdag accumulate extraordinary control over the bank and, fatally, over the money supply. The Cap and Hat factions both used credit expansion as a political instrument, and the resulting inflation eventually forced a complete monetary reform under Gustav III in the 1770s.
The long issue window — over four decades — means individual notes vary considerably in handwritten details. Each was signed and dated by hand at the time of issue, making every surviving example technically unique in its completion.