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| Issuer | Riksens Ständers Wäxel-Banco |
|---|---|
| Year | 1802-1834 |
| Type | Standard circulation banknote |
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| Obverse description | Plain cream paper note printed in brown ink with a handwritten serial number at upper centre reading 'No.' followed by the number. The denomination 'Sch. 16 Sp:' appears in large script below, followed by a multi-line text body in elaborate Gothic calligraphic script attesting the deposit of sixteen Schillingar Specie, with the place and date 'Stockholm den 30 Martii 1802' inscribed by hand. A circular watermark device is visible at upper left, and two manuscript signatures appear at the foot of the note. |
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| Obverse lettering | No. 18106 Sch. 16 Sp: Åti Riksens Ständers Wäxel-Banco äro Serton Schillingar Specie insatte, hvilka Sedelhaivaren har af Banquen emot denna Sedel at utbekomma. Stockholm den 30 Martii 1802. Serton Schillingar Specie. Kusitoista Kymmendä Skillingiä. |
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| Comments |
Riksens Ständers Wäxel-Banco — the Estates of the Realm Exchange Bank — was the world's oldest central bank, founded in 1668, and by the early nineteenth century it was already a politically compromised institution. The Swedish Riksdag's direct control over note issuance had led to chronic over-printing, and the period covered by this issue coincides with Sweden's post-Napoleonic monetary crisis, during which the banco's notes traded at a steep discount to their face value in silver specie.
The bilingual denomination — Swedish and Finnish — reflects the unified Swedish realm before Finland's cession to Russia in 1809, though the series ran well past that date. Notes issued after 1809 bearing Finnish text were technically circulating in a country that no longer included Finland as Swedish territory.