1 Krone

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.