Catalog
1 Krone Den Kongelige Grønlandske Handel
| Issuer | Den Kongelige Grønlandske Handel (Royal Greenlandic Trade Department) |
|---|---|
| Year | 1911 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in blue and yellow on white paper, the note is enclosed within a decorative border whose inner corners carry alternating Danish and Greenlandic coats of arms linked by cloud-pattern guilloche scrollwork. A central vignette presents a reindeer set against a mountainous Arctic landscape, with the promissory text above and the issuer's name below; the denomination numeral appears in all four outer corners and in the lateral frame panels. |
|---|---|
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| Reverse description | The reverse is left blank apart from a watermark monogram impressed into the paper, visible as a rectangular-framed device when the note is held to transmitted light. |
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| Comments |
Den Kongelige Grønlandske Handel held a state monopoly on all trade in Greenland from the late eighteenth century onward, and these notes functioned entirely within that closed system — redeemable only at KGH trading posts, not in Danish krone circulation. They were effectively company scrip with royal backing, a deliberate mechanism to keep cash from leaking out of the colonial trading economy.
The P#9 series is the scarcer of the 1911 issues. Greenland's extreme isolation meant surviving notes in any grade are genuinely uncommon; humidity and hard use in remote settlements took a predictable toll on the paper.