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| 100 Kroner Greenlandic banknote |
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| Greenland - 100 krone |
Greenlandic currency, Greenland banknotes, Greenland paper money, Greenland bank notes, Greenlandic Krone.
Kreditsedler - Greenland credit notes.
Obverse: Portrait of Knud Johan Victor Rasmussen - Greenlandic polar explorer and anthropologist, dog sled lake and hill at lower right.
Reverse: Map of Greenland
Greenlandic krone
The Greenlandic krone (Greenlandic: koruuni) was a planned currency for Greenland. Currently, the Danish krone circulates. The Greenland krone was not intended to be an independent currency but a version of the Danish krone.As in Denmark, the krone replaced the rigsdaler in 1874 at a rate of 2 kroner = 1 rigsdaler. All issues of the krone in Greenland have been equivalent in value to the Danish krone. During the last part of the 19th century, while still a Danish colony, several mining companies operating in Greenland issued their own currencies. Distinct zinc currency was also introduced in the newly founded colony of Amassalik. Between 1926 and 1964, the Danish government's trade monopoly, Kongelig Grønlandske Handel (Royal Greenlandic Trade) introduced a series of distinct coins for use on Greenland. In 1944, the colonial administration issued a 5 kroner coin, using a similar design as the then-circulating 1 krone piece but produced at the U.S. Mint in Philadelphia. Although the colonies in Greenland were incorporated into Denmark by the 1953 change to the Danish constitution, the Greenlandic administration continued to issue its own banknotes until 1968.
Coins
In 1926, cupronickel 25 øre and aluminium-bronze 50 øre and 1 krone were issued. The coins were the same size and composition as the corresponding Danish coins. However, the 25 øre was not holed, although some were withdrawn from circulation, holed and then reissued. In 1944, brass 5 kroner coins, produced by the Philadelphia Mint in the United States, were issued. A second issue of aluminium-bronze 1 krone was made in 1957, followed by cupronickel versions in 1960 and 1964.
A related foreign issue was the 2 kroner issue that Denmark minted in 1953. To commemorate the start of an anti-tuberculosis campaign in Greenland 200,000 coins were struck. On the obverse are profiles of the Danish king and queen. The reverse shows a map of the island with the native name, Kalåtdlit Nunat, above it.
Banknotes
In 1874, Handelsstederne i Grønland issued 50 øre and 1 krone notes, followed by 25 øre notes the next year. In 1887, 5 kroner notes were introduced. The Handelsstederne continued to issue notes until 1905. In 1911, the Kongelige Grønlandske Handel began issuing paper money, with notes in denominations of 25 and 50 øre, 1 and 5 kroner.
In 1913, colonial notes (marked Styrelse af Kolonierne i Grønland) were introduced in denominations of 25 and 50 øre, 1 and 5 kroner. From 1926, colonial notes were marked Grønlands Styrelse, the denominations below 5 kroner ceased production and 10 and 50 kroner notes were introduced.
In 1953, the Kongelige Grønlandske Handel resumed note production with 5, 10 and 50 kroner notes, whilst credit notes (Kreditsedler) for 100 kroner were also issued. These notes were produced until 1967.