Catalog
1 Krone
| Issuer | Den Kongelige Grønlandske Handel |
|---|---|
| Year | 1911 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EN KRONE Denne Anvisning gælder ved Handelstederne i Grønland for EN KRONE Den kgl. grønlandske Handel 1911 KJØBENHAVN 1905 Noteret No. |
| Reverse description | The reverse presents a plain unprinted or lightly textured paper surface, showing the bleed-through impression of the obverse design in mirror image, consistent with the single-sided printing technique used for this issue. No additional design elements, lettering, or security devices are present on the reverse. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Den Kongelige Grønlandske Handel — the Royal Greenlandic Trade company — held a complete state monopoly over Greenland's economy, and the notes it issued functioned as a closed-circuit currency valid only within the colony. This 1 Krone from 1911 was not exchangeable at par with Danish kroner outside Greenland; the system was explicitly designed to prevent capital leaving the island and to keep the indigenous and settler populations economically captive to the monopoly's own stores.
The series to which Pick 6 belongs was printed in Copenhagen but never intended to integrate with the metropolitan currency system. Greenland's monetary isolation persisted in various forms until the monopoly's eventual dissolution in 1950.