100 Krónur Third emergency issue

The Faroese emergency note series has an unusual origin: when German forces occupied Denmark in April 1940, the British moved quickly to occupy the Faroe Islands, fearing the strategically positioned archipelago would otherwise fall under Axis control. To prevent Danish currency from being used to drain local resources, the Løgting was authorized to overstamp Danish notes — and later to issue its own paper. The "emergency" designation persisted long after the immediate crisis passed, with this third issue running into the early 1960s.

Printed by Danmarks Nationalbank's printing works in Copenhagen — the same facility producing mainland Danish currency — the Faroese notes occupied an ambiguous constitutional position, valid only in the islands and never legal tender in Denmark proper.