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8 Skilling Banco
| Issuer | Riksens Ständers Wäxel-Banque (Swedish Estates Bank) |
|---|---|
| Year | 1834-1849 |
| Type | Log in to see details |
| Value | 8 Skilling Banco (⅙) |
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| Obverse description | Uniface note printed in black letterpress on plain paper, with the denomination abbreviation "Sch: 8 B:co" at upper centre in Gothic script. The main body carries the full Swedish-language promise text in blackletter typography, followed by the handwritten issue date "Stockholm den 26 Sept 1840" and the denomination repeated in both Swedish and Finnish. A ruled rectangular border encloses the anti-counterfeiting warning at lower centre, beneath which two manuscript ink signatures appear. |
|---|---|
| Obverse lettering | Åtta Schillingar Banco, som uti Riksens Ständers Wäxel-Banque blifwit insatte, har Sedelhafwaren at af Banquen emot denna Sedel utbekomma. Stockholm den ..... 1840 Åtta Schillingar Banco, Kaderan Skillingiä Den som denne Sedel efterapar eller förfalskar, Skall warda hängd, Men den som uptäcker Efteraparen, Förfalskaren eller Utpränglaren, undfår belöning enligt Kongl. Kungörelsen af den 8 Julii 1818. |
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| Comments |
The Riksens Ständers Wäxel-Banque — the Bank of the Estates of the Realm — was a genuinely unusual institution: owned and supervised by the four estates of the Swedish parliament rather than the Crown, a deliberate structural choice made after Karl XII's catastrophic misuse of state finance in the early 18th century. That parliamentary ownership gave it a degree of political insulation that most contemporary European banks lacked, though it also meant policy decisions could be paralyzed by inter-estate disagreement.
The 8 skilling banco denomination sat at the practical lower end of the bank's note range, aimed at everyday commercial use rather than large mercantile transfers. Uniface printing was common for smaller-value Swedish notes of this period — the blank verso was sometimes used for endorsements or transfer notations in circulation.
The bank was reorganized in 1866 into the Riksbank under direct state authority, and the surviving note stock from this series was largely recalled and destroyed at that transition.