Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 Kroner Den Kongelige Grønlandske Handel
| Issuer | Den Kongelige Grønlandske Handel (The Royal Greenland Trade) |
|---|---|
| Year | 1953-1967 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Denne ANVISNING gælder ved Handelsstederne i Grønland for 5 Kroner (Translation: This MONEY ORDER can be used at the Trading Posts in Greenland for 5 Kroner) FEM KRONER DEN KONGELIGE GRØNLANDSKE HANDEL |
| Reverse description | Log in to see details |
| Reverse lettering | DEN KONGELIGE GRØNLANDSKE HANDEL (Translation: THE ROYAL GREENLAND TRADE) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Den Kongelige Grønlandske Handel was not a bank — it was a Danish state trading monopoly that controlled virtually all commerce in Greenland, and the scrip it issued functioned as a de facto currency within that closed system. These notes circulated only within Greenland and were not legal tender in Denmark proper, a deliberate mechanism to keep the colonial economy self-contained and prevent capital flight to the metropole.
The series ran for fourteen years without design revision, which is itself telling — Greenland's transition to an integrated Danish county in 1953 did nothing to dissolve the monopoly's parallel monetary apparatus immediately.