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5 Kronor
| Issuer | Sveriges Riksbank |
|---|---|
| Year | 1874-1878 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | Sweriges Riksbank inlöser, vid anfordran, denna sedel å Fem Kronor med guldmynt enligt lagen om rikets mynt af den 30 Maj 1873 (Translation: Sweden's Riksbank will pay, on demand, for this note Five Kronor in gold coin according to the law on the national coinage of 30th May 1873) |
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| Variants | P#2a - 1874 P#2b - 1875 P#2c - 1876 P#2d - 1877 P#2e - 1878 |
| Comments |
Sveriges Riksbank's first post-Riksgäldskontoret consolidation series, this note was issued as Sweden was transitioning to the gold standard following the Scandinavian Monetary Union agreement of 1873, which aligned the Swedish krona with the Danish and Norwegian currencies at par. The Riksbank had long competed with private banks for note-issuing authority; by this period it was asserting dominance, though provincial banks still circulated their own paper well into the 1880s.
Surviving examples are uncommon. The series had a short window, and redemption rates were high as public confidence in the unified krona built quickly.