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500 Kroner

Issuer Norges Bank
Year 1991-1997
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Value 500 Kroner
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Reverse description Central vignette of a traditional Norwegian rosemaling floral motif set within an arched decorative surround, rendered in vivid multicolour against a detailed guilloche background in muted blue and green tones. The large numeral '500' in intaglio appears at right, flanked by fine lathe-work patterns and a geometric colour-band strip at the left margin. The inscriptions 'FEM HUNDRE KRONER' and 'NORGES BANK' are printed at upper right.
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Signature(s) Skånland & Johansen 1991
Moland & Johansen 1994
Storvik & Johansen 1996 & 1997
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Comments

The P#44 series ran through six years and three governor pairings, a span that coincided with Norway's turbulent early 1990s banking crisis — one of the worst in Western European postwar history. At its peak, the state had effectively nationalized three of the country's largest commercial banks to prevent systemic collapse, making this the note in heaviest circulation during a period of genuine financial emergency rather than routine commerce.

Sigbjørn Johnsen's austerity policies and the eventual managed recovery mean that later-dated examples with the Storvik signature pairing circulated into a markedly more stable economy than the Skånland-signed issues.

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