Sweden 10 Kronor Banknote: 300th Anniversary of Sveriges Riksbank (1968)

In 1968, the Sweden 10 Kronor commemorative banknote was issued to celebrate the 300th anniversary of Sveriges Riksbank, the central bank of Sweden, founded in 1668. This was a special issue distinct from regular circulation banknotes and was one of the first commemorative banknotes released by the Swedish central bank. The design reflected Sweden’s rich banking history, emphasizing the legacy and role of Sveriges Riksbank in shaping the nation’s financial system.

The front of the banknote featured a portrait of Johan Palmstruch, the founder of Stockholms Banco, which later became the Sveriges Riksbank. The reverse side displayed intricate patterns and the emblem of the bank, symbolizing stability and trust in Sweden’s monetary system.

Although this 10 Kronor note was legal tender, it was primarily issued as a collector’s item, making it a sought-after piece among numismatists.

How Many Pieces Were Printed?

The Sveriges Riksbank printed a total of 5,000,000 pieces of the 1968 commemorative 10 Kronor banknote. Due to its limited issuance, many of these banknotes have been preserved in good condition, and uncirculated notes remain valuable to collectors.

Technology

The 1968 Sweden 10 Kronor banknote featured advanced printing and security technologies for its time, including:

• Intaglio Printing – This high-quality engraving technique created raised prints, making counterfeiting difficult.
• Watermark – The banknote incorporated a security watermark embedded in the paper, enhancing authenticity.
• Microprinting – Fine details and tiny text were included in the design to prevent counterfeiting.
• Serial Numbering – Each note carried a unique serial number for identification and security tracking.
• Special Paper Quality – The banknote was printed on durable paper designed to last longer in circulation.

This commemorative issue remains an important piece of Sweden’s banking history, representing the evolution of its financial system over three centuries. Due to its historical and collectible value, it is still traded in numismatic markets today