5 Kroner - Haakon VII Government in exile; war notes
Features
| Issuer |
Norway
 |
|---|---|
| Issuing bank | Norges Bank |
| Period |
German occupation (1941-1945)
|
| King |
Haakon VII (1905-1957)
|
| Type | Standard circulation banknotes |
| Year | 1944 |
| Value | 5 Kroner (5 NOK) |
| Currency | Krone (1875-date) |
| Composition | Paper |
| Size | 127 × 72 mm |
| Shape | Rectangular |
| Demonetized | Yes |
| Number | N# 419419 |
| References | P# 19b Standard Catalog of World Paper Money (10 volumes). Bjørn R. Rønning; 1971. Norges mynter 1628-1873. Universitetsforlaget. 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. Norske pengesedler (3 volumes). 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. |
Series: Kronesedlerne London war note issue
Obverse
Purple and multicolour print.
Crowned arms on left. Value at center and right.
Script: Latin
Lettering:
NORGES BANK
5 FEM
FEM KRONER
KRIGSSEDDEL KRIGSSEDDEL
1944 1944
IFÖLGE SÆRSKILT FULLMAKT
WATERLOW & SONS LIMITED, LONDON
Reverse
Brown print.
Crowned Haakon 7 monogram. Value to the right, watermark window to the left.
Script: Latin
Lettering:
5 H7 5
FEM KRONER
WATERLOW & SONS LIMITED, LONDON
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.
See also
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| Date | Signatures | VG | F | VF | XF | AU | UNC | References | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1944 | JMN | 
|
Test print, without serial number | ||||||||||||
| 1944 | JMN |
|
$ 1900 | P# 19bStandard Catalog of World Paper Money (10 volumes). |
Prefix X | ||||||||||
| 1944 | JMN | P# 19bStandard Catalog of World Paper Money (10 volumes). |
Prefix Y | ||||||||||||
| 1944 | JMN |
|
P# 19br2Standard Catalog of World Paper Money (10 volumes). |
Specimen, in black overprint | |||||||||||
| 1944 | JMN | P# 19bs2Standard Catalog of World Paper Money (10 volumes). |
Specimen, in red overprint | ||||||||||||
| 1944 | JMN |
|
NP# 113cNorske pengesedler (3 volumes). |
Cancelled, red cross on both sides | |||||||||||
Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.
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Numista Rarity index: 97
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 37 Lot 1068 
|
25 Nov 2023 | 1944 JMN – Test print, without serial number |
UNC (PMG 64) |
USD 2146.32
(NOK 20 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 35 Lot 1070
|
25 Nov 2023 | 1944 JMN – P# 19b – Prefix X |
UNC (PMG 66EPQ) |
USD 1287.79
(NOK 12 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Katz Auction 140 Lot 339
|
22 Oct 2024 | 1944 JMN – P# 19b – Prefix X |
AU (PMG 53) |
Unsold | |
| © Katz Coins Notes & Supplies Corp. | ||||||
  |
Oslo Myntgalleri Auction 35 Lot 1071
|
25 Nov 2023 | 1944 JMN – P# 19b – Prefix X | AU |
USD 804.87
(NOK 7500.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 25 Lot 545
|
8 May 2021 | 1944 JMN – P# 19b – Prefix X | AU |
USD 3434.11
(NOK 32 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 35 Lot 1072
|
25 Nov 2023 | 1944 JMN – P# 19b – Prefix X | F |
USD 236.09
(NOK 2200.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 38 Lot 1231
|
4 May 2023 | 1944 JMN – P# 19br2 – Specimen, in black overprint |
UNC (PMG 66EPQ) |
USD 2146.32
(NOK 20 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 25 Lot 544
|
8 May 2021 | 1944 JMN – P# 19br2 – Specimen, in black overprint | AU |
USD 2790.21
(NOK 26 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
  |
Oslo Myntgalleri Auction 33 Lot 364
|
6 May 2023 | 1944 JMN – NP# 113c – Cancelled, red cross on both sides | AU |
USD 3004.84
(NOK 28 000.00) (+ buyer's premium) |
|
| © Oslo Myntgalleri | ||||||
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