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33⅓ Riksdaler Banco / 50 Riksdaler Riksgäld

Issuer Sveriges Rikes Ständers Bank
Year 1836-1857
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Composition Paper
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Obverse lettering Sveriges Rikes Ständers Bank
inlöser vid anfordran denna Sedel å
RDR 50 RDG Riksdr Trettiotre och Sexton skill. Banco RDR 50 RDG
med 12½ Riksdaler Silfver Specie, enligt
1830 Års Mynt-fot.
Stockholm den 28de Januari 1852

RDR 33⅓ BCO
Den som denna Sedel efterapar eller förfalskar skall warda hängd. Men den, tom uptäcker Efteraparen, Förfalskaren eller Utprånglaren undfår belöning enligt Kongl. Kungörelsen af den 8 Julii 1818.
(Translation: Sweden's Estates of the Realm Bank will pay, on demand, for this note 50 Riksdaler Banco with 12½ Riksdaler in silver specie according to the Year 1830 coinage standard.

Those who mimic or forge this note shall be hanged. However, those who discover mimics, forgers or distributors will receive reward according to the royal proclamation of the 8th of July 1818.)
Reverse description Blank verso; the intaglio impression of the obverse is visible as a mirror image through the thin paper stock.
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Comments

This denomination reflects a genuinely awkward moment in Swedish monetary history. The Riksdaler existed simultaneously in two competing forms — Riksdaler Banco, issued by the Riksbank and backed by silver, and Riksdaler Riksgälds, issued by the National Debt Office and trading at a discount. The fixed exchange rate between them was 3:2, which is precisely why 33⅓ Riksdaler Banco equated to exactly 50 Riksdaler Riksgälds — the dual denomination printed on a single note was not a curiosity but a functional necessity for daily commerce.

Sweden unified the two currencies in 1855, after which this note type was retired. The fractional denomination made sterile sense on paper; in practice, shopkeepers and merchants had been doing the conversion arithmetic for decades.

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