5 riksdaler riksmynt, Kopparbergs Enskilda Bank, 1858
Kopparbergs Enskilda Bank was founded in 1835 under the name Stora Kopparbergs läns och bergslags enskilda bank. Its area of operation was primarily Dalarna and its head office was in Falun. The bank issued banknotes in a variety of denominations, first in riksdaler banco, after 1855 in riksdaler riksmynt, and finally in kronor after 1873.
This banknote is from 1858, worth five riksdaler riksmynt, and was issued during the fourth banking license - the same year that the bank changed its name. The first time the private banks' right to issue banknotes was mentioned at all was in the banking license for Stora Kopparbergs läns och bergslags enskilda bank. It also stated the banknote coverage rule for the private banks. It stated that the banks would be authorised to issue banknotes up to a maximum of three quarters of their share capital. However, the first time that the Royal Majesty mentioned the issue of banknotes as authorised for private banks in a proclamation was in 1846. This was repeated in 1855, 1864 and 1874.
At the top centre of the banknote is the shaft timbering sign with two crossed arrows, together with metal signs within a surrounding border. Banknotes issued during the bank's last banking license period, 1894-1903, also had a portrait of Gustav Vasa on the front and a view of the Falu mine on the reverse.
The bank existed between 1835 and 1922 and gave up its right to issue banknotes in 1902. Kopparbergs Enskilda Bank was incorporated into Göteborgs Bank AB in 1922.
)Object number: 801388_KMK
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