Catalog
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| Issuer | Riksens Ständers Banco |
|---|---|
| Year | 1747-1760 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | At [handwritten payee name] Anno 1747 hafwer inleskiöereat Riksens Ständers Banco Thet warder härmed til bewis attesterat, dock utan tilstånd at transportera eller förhandla thenne Zedel til någon annan. Stockholm den 14 Frey— Anno 1747 N° 106 |
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| Reverse lettering | Emot alroos num contant |
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| Comments |
Riksens Ständers Banco — the precursor to Sveriges Riksbank — had already pioneered European paper money in 1661 under Johan Palmstruch, and by the 1747–1760 series the institution was deep into a second experiment with credit notes that would end badly. The Riksdag authorized successive expansions of note circulation through this period, and values were entered by hand rather than pre-printed, a practical concession to a bank issuing across a wide range of denominations without committing to separate printed runs for each.
The scheme collapsed into the "Age of Liberty" monetary crisis: over-issuance against inadequate silver reserves forced a humiliating devaluation in 1766, and redemption rates were set well below face value. Notes from this series that survived were largely surrendered during that settlement.