Catalog
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| Issuer | Holla Sparebank |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Oluf Rasmussens Trykkeri, Skien, Norway |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Kun omsettelig i Holla 5 ØRE 1941 HOLLA SPAREBANK (printed signature) kasserer Holla Sparebank garanterer innløsningen |
| Reverse description | Blank reverse on plain unprinted white paper, showing only the natural texture and aging of the thin stock. |
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| Comments |
Holla Sparebank was a small Norwegian savings institution serving the Holla municipality in Telemark. The 1941 date puts this squarely in the German occupation period, when disrupted supply chains and a shortage of Riksbank coin prompted numerous local Norwegian institutions — savings banks, cooperatives, municipalities — to issue small-denomination emergency notes. The Occupying authorities tolerated this practice rather than suppress it, as the alternative was commercial paralysis at the retail level.
Oluf Rasmussens Trykkeri in Skien was a regional printer with no specialized security printing infrastructure, which is exactly what you'd expect from an emergency issue of this kind. Forgery resistance was not the point; filling a gap in the fractional coin supply was.