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10 Krónur Danmarks Nationalbank, second issue

Issuer Faroe Islands (Denmark)
Year 1978
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Reference(s) P#18
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Protection type Watermark
Protection description Anchor-chain pattern watermark
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Comments

The second issue of Faroese 10 Krónur notes continued the arrangement established after World War II, under which Denmark printed and guaranteed Faroese currency separately from the mainland krone — a political compromise that acknowledged Faroese home rule without conceding full monetary independence. The notes were issued by Danmarks Nationalbank on behalf of the Faroese authorities, a dual-authority arrangement that remained a point of friction in Copenhagen-Tórshavn relations throughout the postwar decades.

Pick 18 is distinguished from the first issue primarily by serial number format changes and revised signature combinations reflecting new bank leadership by 1978.

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