10 Kroner 'Matadorsedler' Substitution notes, type 1

The "Matadorsedler" — literally "Matador notes" — were emergency substitution notes produced in April 1945 as German occupation authorities had disrupted normal currency operations. Printed just days before Denmark's liberation on 5 May 1945, many of these notes never entered general circulation in any meaningful volume. The unusual proliferation of signature combinations reflects the wartime administrative instability at Nationalbanken rather than any change in policy — multiple officials were authorized to countersign in parallel, presumably to maintain output under difficult conditions.

The ten known signature pairings on this type make it a collector target for completionists. Svendsen & Neergaard appears twice in the documented combinations, likely representing two distinct issue periods or batches.