100 Kroner - Haakon VII Government in exile; exchangenotes

Features

Issuer	Norway
Issuing bank	Norges Bank
Period	German occupation (1941-1945)
King	Haakon VII (1905-1957)
Type	Standard circulation banknotes
Year	1942
Value	100 Kroner (100 NOK)
Currency	Krone (1875-date)
Composition	Paper
Size	144 × 127 mm
Shape	Rectangular
Demonetized	Yes
Number	N# 419437
References	P# 22a Standard Catalog of World Paper Money (10 volumes). , Rønning# S129 Bjørn R. Rønning; 1971. Norges mynter 1628-1873. Universitetsforlaget. , Skaare# 1152 Kolbjørn Skaare; 1995. Norges mynthistorie / Bind 2: Katalog- og registerbind: Mynter og utmyntning i 1000 år : Pengesedler i 300 år: Numismatikk i Norge. Bind 2. Universitetsforlaget. , NP# 106 Norske pengesedler (3 volumes). , S&B# 119 Carlton Fredrick Schwan, Joseph E. Boling; 1995. World War II Remembered: History in your hands - a numismatic study. BNR Press, Port Clinton, Ohio, United States.

View sale offers

Series: Kronesedlerne London exchange issue

Obverse

Purple and multicolour print.
Crowned arms in the top center. Value in the bottom and watermark window to the right.

Script: Latin

Lettering:
NORGES BANK
HUNDRE KRONER
100
1942 1942
IFÖLGE SÆRSKILT FULLMAKT
WATERLOW & SONS LIMITED, LONDON

Reverse

Rust brown print.
Crowned Haakon 7 monogram in the top right and watermark window to the bottom left.

Script: Latin

Lettering:
NORGES BANK
100
HUNDRE KRONER
WATERLOW & SONS LIMITED, LONDON

Watermark

Potrait of Norwegian diplomat and explore, Fridtjof Nansen

Signature

Jens Martin Nørve (JMN), Vice-president of the board in London

Printer

Waterlow & Sons Limited, United Kingdom (1810-1961)

Comments

Historical context:

In the middle of the fight for Norway, in 1940, it was decided the Bank of Norway should be in non-occupied areas of the country and follow the King and government. When the government and King fled to London, the Bank followed them.

The 1942 notes were made in preparation for exchanging the in-circulation banknotes, after the war's end. A total value of 600 million Kroner, were printed on the 1942 issue. And around 111 million for the 1944 issue.

The 1942 never entered into circulation, but can have slipped out, due to the 1944 “Krigssedler" (war notes) issue, which were banknotes intended for a reconquest of Norway. After the German capitulated, Allied-soldiers were sent to Norway with the war notes, exchanged for their Dollars and Pounds, and around 2 million Kroner entered into circulation, before the new definitive notes from London were sent to Norway.

The low denomination 1 and 2 Kroner notes from 1942 were to be used as Krigsnotes too, not reissued for 1944.

Numbers printed

Numbers printed for this denomination is unknown.

Difference between 1942 and 1944:

Beside the year, there are also a few other differences to the two notes.

The 1942 issue (exchangenotes) have a watermark window, where the 1944 issue (Krigssedler), have the value.

The 1944 issue are also stamped with “Krigsseddel” twice on the obverse.

Manage my collection

Please sign in or create an account to manage your collection.

Date	Signatures	References
Undetermined
1942	JMN	P# 22a Standard Catalog of World Paper Money (10 volumes).	Prefix A
1942	JMN	P# 22ar1 Standard Catalog of World Paper Money (10 volumes).	Specimen, in black overprint
1942	JMN	P# 22as1 Standard Catalog of World Paper Money (10 volumes).	Specimen, in red overprint

Get this banknote

No member from this site currently wants to exchange it.

Numista Rarity index: 100 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Oslo Myntgalleri Auction 31 Lot 356	19 Nov 2022	1942 JMN – P# 22a – Prefix A	AU	USD 14 817.49 (NOK 140 000.00) (+ buyer's premium)
© Oslo Myntgalleri
	Oslo Myntgalleri Auction 33 Lot 356	6 May 2023	1942 JMN – P# 22ar1 – Specimen, in black overprint	UNC (PMG 66EPQ)	USD 10 054.73 (NOK 95 000.00) (+ buyer's premium)
© Oslo Myntgalleri