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20 Markkaa
| Issuer | Bank of Finland |
|---|---|
| Year | 1909 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | SUOMEN PANKKI MAKSAA TÄSTÄ SETELISTÄ KAKSIKYMMENTÄ MARKKAA KULLASSA (Translation: Bank of Finland will pay for this banknote Twenty Marks in gold) |
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| Reverse lettering | SUOMEN PANKKI FINLANDS BANK ФИНЛЯНСКЙ БАНК ДВАДЦАТЬ МАРОКЪ ЗОЛОТОМЪ LAKI SUOMEN SUURIRUHTINAANMAAN RAHASTA ANNETTU HELSINGISSÄ 9P:NÄ ELOKUUTA 1877. 1§ SUOMENMAAN RAHALAITOKSEN KANTANA ON KULTA AINOANA ARVONMITTANA. (Translation: Bank of Finland, in Finnish [left] and in Swedish [right]. [Bottom in Russian] Bank of Finland Twenty Marks in Gold [Small lettering on either side] The law on the Grand Duchy of Finland's money enacted in Helsinki on 9th of August 1877. 1§ The Finnish department of finance determines gold as the only standard of value) |
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| Comments |
The 1909 Finnish 20 Markkaa series was issued under the monetary arrangement that kept Finland on the gold standard independently from Russia — the Finnish markka had been legally separated from the Russian ruble since 1865, an unusual degree of fiscal autonomy for an imperial grand duchy. The Bank of Finland managed its own reserves and issued currency without routing through St. Petersburg, a situation that grew increasingly awkward as Russian pan-nationalist pressure intensified during the early 1900s.
Pick 11 is the second type in the 20 Markkaa denomination sequence. The series was printed by the Finnish Literature Society's press in Helsinki.