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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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| Reference(s) | P#10C |
| Obverse description | Printed in green and yellow on white paper, the note is framed by a decorative border incorporating the denomination in both words and numerals at all four corners, with the Danish and Greenlandic coats of arms occupying the corner segments and connected by a cloud-pattern guilloche. A central circular vignette carries a polar bear on ice, surmounted by the promissory text and underscored by the issuer name; a manuscript colony overprint reading KOLONIEN HOLSTENSBORG is applied across the upper portion of the face. |
|---|---|
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| 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.