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10 Kroner Den Kongelige Grønlandske Handel
| Issuer | Den Kongelige Grønlandske Handel (Royal Greenland Trade Department) |
|---|---|
| Year | 1953-1967 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 130 × 84 mm |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Denne Anvisning gælder ved Handelsstederne i Grønland for 10 Kroner TI KRONER DEN KONGELIGE GRØNLANDSKE HANDEL |
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| Reverse lettering | Den Kongelige Grønlandske Handel 10 |
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| Comments |
Den Kongelige Grønlandske Handel was not a bank — it was a Danish crown monopoly that controlled virtually all trade in Greenland, and the currency it issued circulated only within the island's trading stations, legally separate from Danish krone notes used in the metropole. These notes functioned as a closed-circuit scrip system, preventing capital from leaving the colony and tying Greenlandic workers and hunters to company stores.
The series remained in use until 1967, when Greenland's integration into the Danish monetary system made separate local currency unnecessary. Notes that actually circulated through the trading posts typically show heavy soil and fold wear; unused examples are disproportionately common because unsold stock was simply never put into service at remote stations.