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500 Riksdaler Banco / 750 Riksdaler Riksgäld
| Issuer | Sveriges Rikes Ständers Bank |
|---|---|
| Year | 1836-1854 |
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| Size | 230 x 143 mm |
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| Obverse description | Central intaglio vignette of Mother Svea seated with a lion, shield, and spear beneath a radiant crown; denomination "500." in letterpress panels at upper left and right. Ornate calligraphic text fills the face, with guilloche rosettes flanking the central "Fem Hundra" panel and a decorative lace-pattern underprint in pale blue throughout. |
|---|---|
| Obverse lettering | 500. 500. Sveriges Rikes Ständers Bank inlöser vid anfordran denna Sedel å RDR 750 RDG Riksdr fem hundra Banco RDR 750 RDG med 187½ Riksdaler Silfver Specie, enligt 1830 Års Mynt-fot. Stockholm den 28de Januari 1854 RDR 500 BCO Den som denna Sedel efterapar eller förfalskar skall warda hängd. Men den som upptäcker Efteraparen, Förfalskaren eller Utprånglaren undfår belöning enligt Kongl. Kungörelsen af den 7 Julii 1818. (Translation: Sweden's Estates of the Realm Bank will pay, on demand, for this note 500 Riksdaler Banco with 187½ Riksdaler in silver specie according to the Year 1830 coinage standard. Those who mimic or forge this note shall be hanged. However, those who discover mimics, forgers or distributors will receive reward according to the royal proclamation of the 7th of July 1818.) |
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| Comments |
Sweden ran a dual-currency system through much of the nineteenth century, with Riksdaler Banco (the bank's own unit) and Riksdaler Riksgäld (the state's paper currency) circulating simultaneously at a fixed but unequal rate — three Riksgälds to two Bancos, approximately. This note carries both valuations because holders needed to know the equivalent in either system, not because two separate promises were being made.
Sveriges Rikes Ständers Bank, the precursor to the Riksbank, was at this point still formally owned by the Riksdag rather than the Crown — an unusual constitutional arrangement that shaped how note issuance was authorized and debated. The dual denomination inscription is the real curiosity here: a direct artifact of that monetary awkwardness, frozen in the typography.