500 Krooni
Encyclopedia
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
n 500 krooni bill (500 EEK) is a denomination
Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. See also Redenomination.-Subunit and super unit:...
of the Estonian currency. Carl Robert Jakobson
Carl Robert Jakobson
Carl Robert Jakobson was an Estonian writer, politician and teacher active in Livonia, Russian Empire. He was one of the most important persons of Estonian national awakening in the second half of the 19th century.Between 1860 and 1880, the Governorate of Livonia was led by a moderate...
(1841–1882), who was an Estonia
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
n politician, publisher, writer and promoter of agriculture, is featured on the front side of the bill, which is why the 500 krooni bill is often called a "Jakobson".
A barn swallow
Barn Swallow
The Barn Swallow is the most widespread species of swallow in the world. It is a distinctive passerine bird with blue upperparts, a long, deeply forked tail and curved, pointed wings. It is found in Europe, Asia, Africa and the Americas...
in flight on a landscape background is featured on the reverse side of the bill. The 500 krooni bill is one of the primary banknotes dispensed by ATMs in Estonia as well as the primary bill used for withdrawals or cashing checks.
History of the banknote
- 1991: first series issued by the Bank of EstoniaBank of EstoniaThe Bank of Estonia , is the central bank of Estonia, which is a member of the European Union organisation and the European System of Central Banks...
; - 1994: second series issued;
- 1996: third series issued;
- 2000: fourth series issued;
- 2007: fifth series issued;
Security features
Source: http://www.eestipank.info/pub/en/yldine/pangatahed/pangatahed/_500.html- 1991
- The watermark of the three lions is visible when the note is horizontal, but springs to life when the note is held against the light. The watermark is in two parts on the edges of the note.
- Each note contains a security thread.
- The portraits are printed in the main colour of the note and their raised surface can be felt with the fingertips.
- Each note has an individual serial number. The horizontal number on the left is printed in black and the vertical number on the right is printed in a different colour on each denomination.
- When the note is held at an angle to the light, the denomination of the note can be seen.
- 1994
- New colour tints have been used in these areas.
- Silver ink has been incorporated into the note.
- A new style serial number appears on the right-hand side.
- When the note is held up to the light, printed areas on the back of the note fill the unprinted areas on the front of the note.
- The colour of the ink in this area changes when the note is viewed from different angles.
- 1996
- Hologram featuring a swallow and the value '500'.
- A new hand-engraved portrait of Carl Robert Jakobson.
- A windowed thread with small text reading '500/EP'. The thread appears as a row of small silver dashes on the front surface of the note, but when the note is held up to the light it can be seen as a continuous line.
- When the note is held up to the light, printed areas on the back of the note fill unprinted areas on the front of the note to form the value '500'.
- Silver ink has been incorporated into the note.
- New colour tints have been used in these areas.
- New signatures and date.
- 2000
- Portrait watermark.
- Diffraction foil with microtext boarder (Exelgram).
- Dark security thread with transparent text "500EEK EESTI PANK".
- Tactile intaglio printed elements.
- Microprint, repeated text "CARL ROBERT JAKOBSON".
- Microprint, repeated "500" within denomination numerals.
- Latent number "500".
- Latent lettering "EP".
- Signatures (President of Eesti Pank, Chairman of the Board).
- Three lions printed with silver ink.
- Anti-copier line structure.
- Recognition sign for the visually handicapped.
- Number "500" appears when the note is held up to the light.
- UV-fluorescent fibres.
- UV-fluorescent motif ("Sakala") and security thread.
- UV-fluorescent block bearing denomination number.
- Serial numbers.
- Variable ink element with magenta-to-green color shift.
- Hidden image, visible through a special lens.
See also
- Currencies related to the euro
- Estonian euro coinsEstonian euro coinsEstonian euro coins feature a single design for all eight coins. This is a design by Lembit Lõhmus and features a silhouette map of Estonia together with the word Eesti and twelve stars, symbolic of the European Union, surrounding the map...
- Currency boardCurrency boardA currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target....
- Estonian markEstonian markThe mark was the currency of Estonia between 1918 and 1928. It was initially equivalent to the German Papiermark, which had been circulating alongside the Russian/Soviet ruble since the German occupation. It was divided into 100 penni...
- Economy of EstoniaEconomy of EstoniaEstonia is a member of the European Union and the eurozone and is an advanced economy, according to the IMF.Before the Second World War Estonia's economy was based on agriculture, but there was a significant knowledge sector and a growing industrial sector, similar to Finland...