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10 Kronor

Issuer Gefleborgs Enskilda Bank
Year 1875
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Value 10 Kronor
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Reverse description The reverse is printed in a two-colour scheme of grey-green and red, with large bold numerals '10' in each corner within ornate guilloche panels. At centre, a large circular red underprint medallion bears a classical portrait bust in profile, surrounded by an interlaced guilloche border. The bank name arcs around the upper rim of the central medallion, with the denomination inscription curving along the lower arc.
Reverse lettering GEFLEBORGS ENSKILDA BANK
KRONOR TIO KRONOR
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Comments

Gefleborgs Enskilda Bank was one of the provincial private banks operating under Sweden's enskilda bank system, which permitted note issuance against capital reserves and the personal liability of shareholders. That liability clause was not decorative — when banks failed, shareholders were on the hook. Gefleborgs survived long enough to be absorbed into the consolidating national framework, but notes from the mid-1870s represent the system near its peak, just before the Riksbank began systematically squeezing out the provincials.

Pick #180 is sparsely documented, and confirmed surviving examples are uncommon in the dealer market.

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