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5 Rigsdaler - Christian VII Kongelige Grønlandske Handel

Features

Issuer Greenland (Denmark)
Issuing entity The Royal Greenlandic Trading
King Christian VII (1766-1808)
Type Standard circulation banknotes
Year 1804
Value 5 Rigsdaler = 480 Skilling
Currency Rigsdaler courant (1803-1873)
Composition Paper
Size 165 × 110 mm
Shape Rectangular
Demonetized 1819
Number
N#
363661
References P# A10
Standard Catalog of World Paper Money (10 volumes).
, SIEG SD# 10
Jan Bendix, Flemming Lyngbeck Hansen; 2014. SIEGs Seddelkatalog Danmark 1695-2014. SIEG, Frederikssund, Denmark.

Series: The Trading Posts in Greenland; Christian VII

Obverse

Red text on paper.
Frame along the sides. Within the frame the monogram of Christian VII to the upper left and serial number upper right.
Promissory text in the center.

Scripts: Latin, Latin (cursive)

Lettering:
5 Rigsdaler.
Den Kongelige Grönlandſke Handel betaler
denne Anviisning ved Handelsſtederne i
Grönland med 5 Rdlr., ſkriver Fem Rigsdaler
Danſk Courant.
Kiöbenhavn 1804.

Translation:
5 Rigsdaler. The Royal Greenlandic Trading will pay this note at the trading posts in Greenland with 5 Rigsdaler, written five Rigsdaler Danish Courant.
Copenhagen 1804

Reverse

Blank.

Comments

Danish whalers have settled in Greenland since the 18th century and established bases there. In 1776 Den Kongelige Grønlandske Handel (KGH) got the trade monopoly over Greenland. The KGH also took over the political administration of Greenland. The state-owned company was founded in 1774 and was based in Copenhagen. Before the introduction of paper money, whale blubber was the determining factor in barter. For example, a pound of gunpowder was worth two pounds of bubbler. The first paper money was credit notes issued in 1801, which were filled out by hand. None of these have survived. From 1803 the KGH issued printed banknotes. The KGH issued the banknotes for Greenland in changing designs until the 20th century.

See also

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Date VG F VF XF AU UNC
1804 

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