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12 Schillingar / Skillingiä
| Issuer | Riksens Ständers Riksgälds Contor |
|---|---|
| Year | 1792-1805 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Plain cream paper note with two large embossed dry seals in the upper portion, bearing circular inscriptions referring to the issuing authority. The denomination '12 Schillingar' is printed in Gothic letterpress script at centre, above a block of text in Swedish and Finnish pledging repayment to the bearer, with a handwritten date of 19 November 1794 at Stockholm. Two manuscript signatures appear at lower right, with additional bilingual text in Swedish and Finnish at lower left. |
|---|---|
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| Reverse lettering | 12 Sch. 12 Sch. |
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| Comments |
The Riksgäldskontoret — the Swedish National Debt Office, not the Riksbank — was authorized to issue notes beginning in 1789 specifically to finance Gustav III's war against Russia. This created a parallel paper currency that competed directly with Riksbank notes and fueled significant monetary instability throughout the 1790s. The 12 Schilling denomination sat at a useful mid-tier for everyday transactions, which meant these circulated hard.
The bilingual denomination line reflecting both Swedish and Finnish was a practical necessity given Sweden's territorial reach at the time, not an ornamental choice. Finland remained Swedish until 1809.