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

Request for the redemption of commemorative coins (PDF).

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.

3. Processing

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.

Your request is assessed on the basis of The Sveriges Riksbank Act, Anti-Money Laundering Act (swedishbankers.se) and The Riksbank’s regulations (PDF).

4. Decision

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

Is it possible to open an account at the Riksbank?

The Riksbank is Sweden’s central bank and a public authority under the Riksdag (the Swedish parliament). We do not have any banking activities in relation to the general public, so it is not possible to open an account with us as a private person or company.

Instead, we recommend that you contact one of the commercial banks in Sweden. More information about Swedish banks and related subjects can be found on the Swedish Bankers’ Association website.

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.

More questions & aswers

Contact

Contact the Riksbank, telephone 08-787 09 06. Telephone hours are non-holiday weekdays, 08.00–12.00

12 May 08:00-11:00
13 May 13:30-16:00

You can also contact us by email at inlosen@riksbank.se.

Updated 18/11/2020