Catalog
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| Issuer | Eesti Pank |
|---|---|
| Year | 1991-1992 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | EESTI PANK 25 KROONI ANTON HANSEN-TAMMSAARE 1878-1940 |
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| Reverse lettering | EESTI PANK 25 KROONI KAKSKUMMEND VIIS |
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| Comments |
Estonia reintroduced the kroon in June 1992 after half a century of Soviet occupation, and this note was part of the initial wave issued by Eesti Pank to replace the ruble at a fixed rate of 10 rubles to 1 kroon. De La Rue had the plates ready before the switch was publicly announced — operational secrecy was essential, since any leak could have triggered a run on rubles or Soviet intervention.
The 1991-dated examples bear Siim Kallas and Rein Otsason's signatures; Märten Ross replaced Otsason as Deputy Governor for the 1992 printing. Both signature variants circulated simultaneously.