Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
50 Daler SM Credit Banknote
| Issuer | Stockholms Banco |
|---|---|
| Year | 1666 |
| Type | Log in to see details |
| Value | 50 Daler SM |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | N Numero Nöhöndr Tiugu Siu No 927. 50. Dr Sölf: mynt. fembtijo dal. S. M.tt Haus Erictz |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Framed "BANCO" |
| Variants | Log in to see details |
| Comments |
Stockholms Banco's credit notes are among the earliest banknotes ever issued in Europe — Johan Palmstruch introduced them in 1661 as a solution to the bank's inability to return the heavy copper plate money (plåtmynt) deposited by customers. The 50 Daler SM denomination placed this note firmly in the upper register of commercial transactions; these were not instruments of everyday trade but of wholesale merchants and estate dealings.
The bank collapsed in 1668. Palmstruch was arrested, tried, and sentenced to death — later commuted — for issuing far more notes than the bank held in reserves. Notes dated 1666 fall in the final overextended phase of that crisis.