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50 Kopecks Turku - Bank
| Issuer | Wäxel-Depositions och Låne-Bank (Exchange-Deposit and Loan Bank of Finland) |
|---|---|
| Year | 1820 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | Uti Storfurstemdömet Finlands wäxel-depositions och låne-bank är insatt en summa av femtio kopeck kejserliga ryska banko-assignationer, hvilka 50 kopek innehafveren häraf har att återbekomma. Åbo. Wiisi Kymmentä kopekaa ПЯТЬДЕСЯТЪ Копѣекъ. Wiisi Kymmendä Kopekaa. Femtio Kopek. (Translation: In the Grand Principality of Finland`s Exchange-Deposit and Loan Bank are held the sum of fifty kopecks Imperial Russian Bank Assignats, of which the holder has 50 kopeck to receive. Turku. Fifty Kopeks) |
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| Reverse lettering | 50 K. |
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| Comments |
The Wäxel-Depositions och Låne-Bank was Finland's first true commercial bank, established in Turku in 1811 under Swedish-language statutes despite Finland having been ceded to Russia the previous year. This note predates the founding of the Bank of Finland by several years in terms of practical commercial reach, and the denomination in kopecks rather than riksdaler or rubles reflects the awkward monetary bilingualism of early Russian Finland, where ruble-based imperial finance and older Swedish monetary conventions coexisted uneasily in daily commerce.
The bank was wiped out when the great Turku fire of 1827 destroyed most of the city, and surviving notes from this institution are genuinely rare as a result.