Catalog
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| Issuer | Rigsbanken (Royal Bank of Denmark) |
|---|---|
| Year | 1814-1815 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 162 × 105 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a handwritten Icelandic validation overprint enclosed within a simple rectangular ruled frame, accompanied by two manuscript signatures at the lower left and lower right, authorising the note's circulation in Iceland per the ordinance of 20 March 1815. |
| Reverse lettering | Þeffi Ríkisbánkasedill geingur fyrir einn Ríkisbánkdali í Danmörku, samt á Íslandi samqvæmt Silskipan af 20 Martii 1815 |
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| Comments |
Rigsbanken was established in 1813 as a state-controlled successor to the failed Kurantbanken, itself a casualty of the Napoleonic Wars and Denmark's ruinous national bankruptcy of that same year. These notes, issued in the immediate aftermath, circulated at a fraction of their face value — the bankruptcy had wiped out public confidence in Danish paper money so thoroughly that specie equivalents commanded enormous premiums.
The backprint designation in the catalog reference points to a specific overprinting variant, distinguishing these from face-only impressions of the same series. That distinction matters for attribution, as the two types entered circulation under slightly different administrative circumstances during the bank's earliest months of operation.