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First Note Series of Finland after Independence

2020-02-28 Fri

Finland is a Northern European nation bordering Sweden, Norway, and Russia. Finland had received its own monetary unit, the markka, tied to the Russian rouble, which itself was a fluctuating currency. The name ‘markka’ was defended by the fact that it was the oldest name for money in Finland. Originally, it had been used for a medieval unit of weight.

Finnish banknotes reflect the country's economic and political history. The shortage of silver at the beginning of the 20th century led to the completion of the banknote series with 1 markka, 25 penni and 50 penni notes. When country gained independence in the year 1922 a new series of notes were issued.

This series comprised of four denominations viz. 50, 100, 500 and 1000 Finnish markkas. The series represents the classicism of the 1920s; however, some traces of Art Nouveau still persist. The banknote depicts featurie 13 allegorical nude and seminude persons on a beach or lake on the obverse along with the denomination value, promissory note and the signature of the authority. The reverse has the Arms set in the middle of a mystical pine tree, with the 1922 date printed below.

The nude figures caused some controversy when the note was first introduced. The almost spiritual atmosphere with its train of people bearing a garland on a hazy lake shore towards the bright dawn of the newly-independent Finland, is reminiscent of earlier murals in the Tampere cathedral - 'The Procession of the Blessed' by Magnus Enckell and friezes depicting garland bearers by Hugo Simberg.

Image Courtesy: numisbids