5 Kronor

Örebro Enskilda Bank was one of Sweden's provincial private banks operating under the enskilda bank system, which permitted note issuance against a defined capital base. The system produced dozens of regionally distinct issues throughout the nineteenth century before the Riksbank gradually absorbed the right of note issuance — a process completed by 1904, when the last enskilda banks surrendered their circulation privileges.

Pick 398 is sparsely documented, and surviving examples from this provincial issuer are rarely offered. Örebro's note circulation was modest relative to the Stockholm banks, which makes attrition losses over a century of time particularly felt.