Redeeming commemorative coins
The Riksbank redeems commemorative coins issued by the Riksbank at their normal value. No fee is charged by the Riksbank for redeeming commemorative coins.
Make an application
What does the process look like?
1. Submit your request
The first step for those who wish to redeem commemorative coins is to submit your request. This is easily done via BankID, but you are also able to use our form for redemption of commemorative coins.
2. Send the coins to us
Once you have completed your request, send it together with the coins to the Riksbank. Contact your local post office if you want to know more about the postal service’s insurance terms.
Once we have received your request, we will begin to process it. The processing time may vary but the normal processing time is 2 weeks.
Based on the information you have submitted, the Riksbank will form a decision. If your request is approved you will receive the value of your your commemorative coins transferred to your bank account.
Questions & answers
What do I do if I find a counterfeit banknote or coin?
Payments may not be made using counterfeit banknotes and coins. To do so deliberately is a serious crime that is punishable by a prison sentence. It is also punishable to possess counterfeit banknotes or coins with the intention of distributing them. If you detect a counterfeit banknote or coin, refuse to accept the banknote or coin. If you already have, try to remember how you might have obtained it and report it to the police. More information on counterfeit banknotes and security features can be found under genuine or counterfeit.
Why has the Riksbank replaced its coins?
Firstly, the new coins are much smaller and lighter, which means that the handling costs for coins will be lower. Secondly, the new coins are completely nickel-free. This eliminates the risk of nickel allergy, which is a problem for many people. Thirdly, there is less environmental impact as fewer transports are needed for the same value of coins.
The new coins are also much cheaper to produce, which means that the Riksbank, and thus the state, has lower costs.
By introducing a 2-krona coin, fewer coins will be needed as the 2-krona coin will replace two 1-krona coins in many payments.
Why did Riksbank change banknotes and coins?
Even if other methods of payments, such as card payments, are increasing the Riksbank assesses that cash will remain in use for a long time to come.
Contact the Riksbank, telephone 08-787 09 06. Telephone hours are non-holiday weekdays, 08.00–12.00. You can also contact us by email at firstname.lastname@example.org.