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10 Andele Thisted Amts Andelskasse
| Issuer | Andelselskabet Jord-Arbejde-Kapital (J.A.K.) |
|---|---|
| Year | 1931-1933 |
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| Composition | Paper |
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| Obverse description | Blue-toned note with the numeral '10' at left and right in the upper corners. The heading 'DANMARK' appears at the top centre, below which the issuing society name 'ANDELSELSKABET JORD ARBEJDE KAPITAL' is inscribed with a text block carrying the payment instruction. A central vignette of a bound sheaf of wheat is surrounded by the legend 'TI ANDELE', while the lower margin carries the inscription 'THISTED AMTS ANDELSKASSE' with a manuscript signature. The border is formed by a repetitive guilloche band bearing the motto 'JORD ARBEJDE KAPITAL'. |
|---|---|
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| Reverse lettering | Andelsselskabet Jord-Arbejde-Kapital 10 10 er en frivillig Sammenslutning, der sikrer Samfundet det fulde Udbytte af vor Tids tekniske og kulturelle Udvik- ling, forhinder Spekulatio- nens Udbytning af det ar- bejdende og forbrugende Samfund og saaledes lø- ser Fordelingsspørgs- maalet. Serie 3 Litra C (Translation: Cooperative Society Land-Labor-Capital is a voluntary association that ensures society the full benefit of our time's technical and cultural development; reduces the exploitation of speculation on the working and consuming society and thereby solves the distribution question.) |
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J.A.K. — Jord-Arbejde-Kapital — was a Danish cooperative credit movement founded in the early 1930s on the principle that land, labor, and capital were the three legitimate sources of value, and that interest-bearing money was the root of economic exploitation. These privately issued notes were circulated as an internal medium of exchange among members, a deliberate attempt to sidestep conventional banking during the acute rural depression that hit Jutland hard after 1929.
The Thisted Amts Andelskasse branch issued its own denominated andele — units of cooperative credit — making this note a product of local initiative rather than any central J.A.K. authority. Danish authorities tolerated the system only briefly before regulatory pressure curtailed it.