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10 Markkaa

Issuer Suomen Pankki (Bank of Finland)
Year 1918
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Reference(s) P#37
Obverse description Dark red note with the Czarist eagle removed from the original design, replaced by a tree vignette at centre. Denomination in numerals appears in the upper left and right corners, with text in Finnish along the left margin and Swedish along the right. Two signatures are positioned at the bottom centre, with serial numbers printed at the lower left and right.
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Reverse description Black vignette at centre depicts a log cabin farmhouse with two cows in a rural setting. Bilingual text in Finnish and Swedish frames the design, with smaller statutory text in Finnish on the left margin and the Swedish equivalent on the right.
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Comments

Finland's declaration of independence in December 1917 was followed almost immediately by civil war, and the Bank of Finland found itself issuing currency under conditions of genuine institutional crisis. The 1918 10 Markkaa appeared while White and Red factions were still fighting, meaning the note's legitimacy was literally contested depending on which side of the front line you stood on.

Red Finland issued its own competing currency during the conflict. Notes from both administrations circulated in their respective territories, and after the White victory in May 1918, Red-issued paper was declared void — a settlement that left holders on the losing side with worthless paper overnight.

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