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5 Kronor King Gustaf V's Birthday

Issuer Sveriges Riksbank
Year 1948
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In circulation to 31 December 1987
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Obverse description Left vignette shows an intaglio portrait of King Gustaf V in profile facing right, rendered in fine line engraving and set within an ornate oval frame. At centre, a large guilloche rosette surrounds the numeral '5', above the denomination in Gothic script 'FEM Kronor'; to the right, an oval cartouche bears the royal cipher 'GV' surmounted by a crown with the year '1948' flanking the monogram. The bank title 'SVERIGES Riksbank' appears at the top in bold letterpress, with two facsimile signatures below and the serial number and year printed in red at upper right and lower left.
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Signature(s) Dag Hammarskjöld and Landtroll
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Issued on 16 June 1948 to mark the 90th birthday of King Gustaf V, this commemorative note was Sveriges Riksbank's first purpose-struck commemorative banknote. The decision to issue a circulating commemorative at the 5 Kronor denomination was deliberate — a face value accessible enough to enter everyday pockets rather than collector drawers, though most Swedes put them away regardless.

One of the two signatures belongs to Dag Hammarskjöld, then serving as Under-Secretary at the Finance Ministry, seven years before he became UN Secretary-General.

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