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1 Kroon

Issuer Eesti Pank (Bank of Estonia)
Year 1992
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In circulation to 15 January 2011
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Obverse description Intaglio portrait of Estonian painter and graphic artist Kristjan Raud (1865–1943) occupies the left half of the note, identified by the inscription 'K. RAUD 1865-1943' below. The right half carries a large denomination numeral '1' set against a pale ochre guilloche panel with the serial number printed in black above, and the text 'ÜKS KROON' in bold letterpress below. The issuer's name 'EESTI PANK' appears in a dark horizontal band at the top centre, flanked by fine lathe-work underprint, with two facsimile signatures and their titles — PRESIDENT and NÕUKOGU LIIGE — along the lower margin.
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Protection type Watermark
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Comments

Estonia's 1992 kroon series marked the reintroduction of the national currency after fifty years of Soviet occupation — the kroon had last circulated in 1940. The contract went to United States Banknote Corporation, one of the few American security printers then positioned to handle urgent sovereign commissions, though USNC itself would enter bankruptcy within two years of printing this series.

Engraver Urmas Ploomipuu was Estonian, a deliberate choice that gave the newly independent state authorship over its own monetary iconography at a moment when that distinction carried real political weight.

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