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1 krona 1920

Europe › Sweden
P-32g1920Sweriges RiksbankVF
1 krona 1920 from Sweden, P-32g (1920) — image 1
1 krona 1920 from Sweden, P-32g (1920) — image 2

Market Prices

8 sales
Catalogue (2014)
G$5
F$15
EF$50
VF$14.52021-03-13(12 bids)
F$2.752020-12-09(6 bids)
PMG 66$512019-02-18(16 bids)
EF$61.922019-01-02(29 bids)
VF$8.12016-01-11(8 bids)
VF$8.52014-11-01(15 bids)
VF$352014-10-07(15 bids)
VF$16.652012-06-05(3 bids)

About This Note

A Swedish 1 Krona banknote from 1920 (Pick P-32g) in VF condition, featuring the iconic Swedish royal coat of arms with crowned lion supporters in black and green on cream stock. This note exhibits typical aging characteristics including foxing and creasing consistent with its century-old vintage, yet remains fully legible with strong impression of the ornate guilloche borders and heraldic imagery. The 'Kotia' (Cow) series represents an important reintroduction of the 1 Krona denomination during WWI after a 45-year hiatus, making this a historically significant currency note from early 20th century Sweden.

Rarity

Common. This note appears regularly in the secondary market with eBay sales data consistently below $20 USD for VF specimens, with most transactions ranging from $8-$16. The 1920 issue date falls within the extended 1914-1940 printing period, indicating substantial print runs. While the 'Kotia' series is historically significant, the denomination and condition grade are not scarce in the collector market.

Historical Context

Issued by Sveriges Riksbank (Swedish Central Bank) during the World War I era, this 1920 note represents the reintroduction of the 1 Krona denomination, which had not been issued since 1875. The prominent Swedish royal coat of arms with crowned lion supporters reflects Sweden's constitutional monarchy and national identity during this period of European monetary stabilization following the Great War. The legal reference to the 'Law on Bills of Exchange Right of May 30, 1873' indicates the legal framework governing Swedish currency at the time.

Design

The banknote features a symmetrical heraldic design centered on the Swedish royal coat of arms, flanked by two crowned lions serving as supporters of the shield. The arms are surmounted by a royal crown and enclosed within an oval denomination cartouche reading 'EN Krona.' The entire design is framed by an elaborate guilloche border consisting of repeating circular interlocking patterns that extend around all four sides of the note. Additional ornamental elements include decorative eagles or birds positioned in the upper corners, elaborate scrollwork, wreaths, and multiple heraldic crowns distributed throughout the composition. The back is printed as a near-uniface design showing the same arrangement in mirror image, a characteristic feature of Swedish banknotes from this era as documented in the catalog reference.

Inscriptions

FRONT SIDE: 'Sveriges Riksbank' (Swedish Central Bank); 'EN Krona' (One Krona); Serial number 'Nn.406393'; Date '1920'; Legal text reading 'Infläser och anförordnan denna sedels rätt är med gällande enligt lagen om växels rätt af den 30 maj 1873' (Receiver and authorized this banknote's right is valid according to the law on bills of exchange right of May 30, 1873); Signatures of 'Bergquell' and 'Öxenstjerna'. BACK SIDE: Mirror-image design with same heraldic elements and denomination 'EN Krona'; partial inscriptions visible in reverse, including textual elements that appear upside-down when the note is inverted.

Printing Technique

Intaglio engraving (recess printing) on cream-colored banknote paper with black and green inks. The fine line work, guilloche patterns, and sharp detail of the heraldic imagery characteristic of intaglio printing are evident throughout. The note exhibits the typical wear patterns and ink transfer effects consistent with traditional intaglio security printing used by Scandinavian central banks during this period.

Varieties

This specimen is cataloged as P-32g, indicating it is one of multiple varieties within the Pick 32 base number for Swedish 1 Krona notes from this series. The PMG Population Report confirms variants exist (P-32b and P-32e noted), though detailed distinguishing characteristics between varieties are not specified in available references. The serial number 'Nn.406393' and signature combination of 'Bergquell' and 'Öxenstjerna' should be cross-referenced with Pick catalog documentation to confirm specific variety classification. The 1920 date and design characteristics confirm identification as P-32g specifically.