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100 Vestindiske Dalere St. Croix

Issuer Colonialbestyrelsen (Colonial Government of the Danish West Indies)
Year 1850
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Value 100 Dalere
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Obverse lettering HUNDREDE VESTINDISKE DALERE Dette Creditbeviis skal alene i de Danske Vestindiske Colonier validere for HUNDREDE VESTINDISKE DALERE, saaledes at det i de devaerende Kasser skal imodtages som rede Penge og Betaling oger samme under Hans Kongelige Majestaets. Garanti fölge Resolution daterat 4th April 1849 udstedt og underskrevet. HUNDRED DOLLARS
(Translation: ONE HUNDRED WEST INDIAN DOLLARS This credit certificate must only be valid in the Danish West Indian Colonies ONE HUNDRED WEST INDIAN DOLLARS, in such a way that it must be accepted as ready money in the traveling boxes and Payment and the same under His Royal Majesty. Guarantee following Resolution dated 4th April 1849 issued and signed. HUNDRED DOLLARS)
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Reverse lettering HUNDREDE VESTINDISKE DALERE. 100 HUNDRED DOLLARS.
(Translation: ONE HUNDRED WEST INDIAN DOLLARS. 100 HUNDRED DOLLARS.)
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Comments

The Danish West Indies operated a deeply unusual monetary system throughout the nineteenth century, with the Vestindisk Daler tied to local sugar trade values rather than to the Danish rigsdaler on any straightforward parity. The Colonialbestyrelsen issued its own paper currency largely because metropolitan Danish coin circulated poorly in the islands and Spanish silver dominated everyday transactions. A 100 Daler note was an extremely high denomination for a colonial population measured in the tens of thousands.

Pick 6 is genuinely rare. The 1850 series saw limited issue and most examples were redeemed or destroyed following the gradual currency reforms that preceded Danish cession negotiations with the United States, which began as early as the 1860s.

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