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100 Kroner Den Kongelige Grønlandske Handel

Issuer Den Kongelige Grønlandske Handel (Royal Greenland Trade Department)
Year 1953-1967
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Value 100 Kroner (100 DKK)
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Obverse lettering 100 KREDITSEDDEL KUN GÆLDENDE I 100 GRØNLAND HUNDRE KRONER UDSTEDT I HENHOLD TIL STATSMINISTERIETS BEKENDTGØRELSE AF 16. JANUAR 1953.
(Translation: Greenland One Hundred Kroner. Issued in accordance with the Ministry of state announcement of 16. January 1953.)
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Reverse lettering 100 KREDITSEDDEL 100 100 DEN KONGELIGE GRØNLANDSKE HANDEL 100 KUN GÆLDENDE I GRØNLAND 100
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Comments

Den Kongelige Grønlandske Handel was not a bank — it was a state trading monopoly that controlled virtually all commerce in Greenland under Danish colonial administration. These notes circulated only within Greenland, were not legal tender in Denmark proper, and formed part of a parallel monetary system designed to keep Greenlandic economic activity administratively isolated from the metropolitan economy.

Gunnar Aagaard Andersen was a significant figure in Danish modernist art, which makes his involvement here unusual — not many currency series of this period were handed to an artist of his standing rather than a professional banknote engraving house. The series ran across the full transition period leading up to Greenland's integration into the Danish constitutional framework as a county in 1953, the same year this note first appeared.

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