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6⅔ Riksdaler Banco / 10 Riksdaler Riksgäld
| Issuer | Sveriges Rikes Ständers Bank |
|---|---|
| Year | 1835-1856 |
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| Composition | Log in to see details |
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| In circulation to | Yes |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Sveriges Rikes Ständers Bank inlöser vid anfordran denna Sedel å RDR 10 RDG Riksdr Sex och Trettiotvå skill. Banco RDR 10 RDG med 2½ Riksdaler Silfver Specie, enligt 1830 Års Mynt-fot. Stockholm den 1ta December 1841 6⅔ 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 6 and 32 shillings Riksdaler Banco with 2½ 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.) |
| Reverse description | Blank verso; the obverse letterpress impression is partially visible in mirror image through the paper stock, a characteristic of the thin rag paper used in this issue. |
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| Comments |
The fractional face value — 6⅔ Riksdaler Banco — exists because of the fixed conversion rate between Sweden's two parallel currencies: one Riksdaler Banco equaled exactly 1½ Riksdaler Riksgäld, making 6⅔ Banco precisely equal to 10 Riksgäld. Both values were printed on the same note to satisfy a public that dealt in either unit depending on context. The dual-denomination format wasn't a design choice; it was a legal necessity imposed by the coexistence of two distinct monetary systems that Sweden refused to unify until 1855.
Sveriges Rikes Ständers Bank — the precursor to the Riksbank — was itself a parliamentary institution, owned by the Estates rather than the Crown, which made it structurally unlike nearly any other central bank in Europe at the time.