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25 Daler SM Credit Banknote
| Issuer | Stockholms Banco |
|---|---|
| Year | 1666 |
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| In circulation to | Yes |
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|---|---|
| Obverse lettering | Numero Åttahundrafyratiyo Åtta= At denne Credityf-Zedels innehafwande haf- wer i Stockholms Banco fub N.o 848 at fordra Tingu fäm Daler Sölfwert Mynt; dhet warder af oft Banco Director, Commiffarier, Boofhållare och Caffurer hwar för figh och medh dhefs egne Händers Un- derfkrifft och Signeter attefterat; Såfom och til yttermehre wiffo medh dhe dher til förordnade ftörre och mindre Banco Sigiller verificerat. Datum Stock- holms Banco An. 1666 den 25. Dal. Sölf. Mynt. (Translation: This credit note has in Stockholms Banco the value of 25 Daler Silvermynt In accordance from Banco Director, Commissioner, Bookkeepers and Caliver with their seals and signatures. This note and higher or lower denominations with the Banco seals are to be verified Dated in Stockholms Banco Anno 1666 25 Daler Silvermynt) |
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| Reverse lettering | Numero Åttahundrafyratijoåtta N.o 848= 25 Dal. Sölf. Mynt Tiugofäm daler Sölf. Mynt. |
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| Comments |
Stockholms Banco, founded by Johan Palmstruch, issued Europe's first printed banknotes in 1661 — the Kreditivsedlar. This 25 Daler Silvermynt denomination comes from the second series, which replaced the cumbersome early notes. Palmstruch's operation collapsed almost immediately after: the bank overissued badly, triggered a redemption crisis when holders demanded coin, and Palmstruch was arrested in 1667 and sentenced to death, later commuted. The bank itself was wound up and replaced by the Riksens Ständers Bank in 1668.
Surviving examples of any Kreditivsedel are extraordinarily rare — most were redeemed, destroyed, or lost in the chaos of the bank's failure.