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25 Penniä Kullassa / Penni i Guld / Penni Zolotom' (Gold Penny)
| Issuer | Suomen Pankki / Finlands Bank / Finlandskiy Bank' |
|---|---|
| Year | 1916 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Olive-brown print with a large central radiating guilloche rosette, within which the numeral '25' is set in bold figures, inscribed 'PENNIÄ' above and 'PENNI' below in the inner ring. The bank title 'SUOMEN PANKKI – FINLANDS BANK' runs across the top of the note in serif capitals, while a Cyrillic inscription runs along the lower margin identifying the issuer and denomination in Russian. |
| Reverse lettering | SUOMEN PANKKI – FINLANDS BANK PENNIÄ 25 PENNI ФИНЛЯНДСКІЙ БАНКЪ · 25 ПЕННИ ЗОЛОТОМЪ |
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| Comments |
Finland's wartime economy in 1916 was hemorrhaging metal. Silver and copper coins vanished from circulation almost immediately as hoarding accelerated, forcing Suomen Pankki to issue emergency paper fractional currency denominated in gold pennies — a unit that existed primarily as an accounting fiction by this point, since Finland had suspended specie payments years earlier. The trilingual title, Finnish, Swedish, and Russian, reflects the constitutional awkwardness of the period: Finland remained an autonomous Grand Duchy under the Tsar while Russian imperial pressure on Finnish institutions was intensifying.
These small-format notes circulated hard and survived poorly. Pin holes and folds are nearly universal on existing examples, the result of the Finnish habit of bundling fractional notes with thread.