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5 Kroner Den Kongelige Grønlandske Handel, Kolonien Holstensborg overprint

Issuer Den Kongelige Grønlandske Handel (Royal Greenlandic Trade)
Year 1911
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Value 5 Kroner (5 DKK)
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Obverse lettering KOLONIEN HOLSTENSBORG
DENNE-ANVISNING-GÆLDER VED-HANDELSSTEDERNE-I-GRØNLAND-FOR
FEM-KRONE
DEN KGL. GRØNLANDSKE HANDEL-KØBENHAVN 1911
(Translation: The Colony of Holstensborg / This note is valid at the trading posts in Greenland for / Five Kroner / The Royal Greenlandic Trade, Copenhagen 1911)
Reverse description The reverse is entirely plain, with no printed design, text, ornamentation, or colour.
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Comments

Den Kongelige Grønlandske Handel issued a small family of colonial scrip notes that circulated exclusively within individual Greenlandic trading colonies — not as general currency but as internal exchange instruments tied to specific stations. The Holstensborg overprint identifies this as assigned to the colony now known as Sisimiut, one of the larger west Greenlandic settlements. Notes were overprinted with the colony name to restrict their use; a note from Holstensborg could not, in theory, be redeemed at Godthåb or Jakobshavn.

Survival rates are low. Greenland's climate was hard on paper, redemption was actively managed, and the KGH had little incentive to preserve retired stock.

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