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100 Daler SM/KM Transport Banknote
| Issuer | Stockholms Banco |
|---|---|
| Year | 1667 |
| Type | Standard circulation banknote |
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| Obverse description | Letterpress-printed transport note on plain paper, numbered "Numero Treton" at upper left in large script. The main body carries the attestation text in period Swedish, signed by two Banco Commissioners and two Bookkeepers, with four applied red wax seals affixed at right. Six successive ownership transfer endorsements are recorded in manuscript below the printed denomination line. |
|---|---|
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| Reverse lettering | Deſſe bem.ᵗᵉ Ett Hundrade Dal. Sölf. Mynt warda transporteradhe ifrån migh til Datum (Translation: These aforementioned 100 Daler Silvermynt are transported from me to Date) |
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| Comments |
Stockholms Banco, founded by Johan Palmstruch in 1656, had already issued the first European printed banknotes in 1661 — the Kreditivsedlar — but chronic over-issuance relative to coin reserves triggered a redemption crisis. The Transport notes, introduced in 1666–1667, were a structural response: unlike the Kreditivsedlar, each Transport sedel was tied to a specific deposited sum of copper plate money, with the denomination expressed in Daler Silvermynt or Kopparmynt terms reflecting Sweden's cumbersome dual-currency accounting.
Palmstruch was arrested in 1668 and the bank collapsed the following year. Notes from 1667 fall in the final operating phase, months before the Swedish Riksdag wound down the institution and transferred its functions to what became the Riksbank in 1668 — the oldest central bank still in existence.