Greenland is an autonomous constituent country within the Kingdom of Denmark between the Arctic and Atlantic Oceans, east of the Canadian Arctic Archipelago. Though physiographically a part of the continent of North America, Greenland has been politically and culturally associated with Europe (specifically Norway and Denmark, the colonial powers, as well as the nearby island of Iceland) for more than a millennium. The majority of its residents are Inuit, whose ancestors began migrating from the Canadian mainland in the 13th century, gradually settling across the island.
Greenland has been inhabited off and on for at least the last 4,500 years by Arctic peoples whose forebears migrated there from what is now Canada. Norsemen settled the uninhabited southern part of Greenland beginning in the 10th century, and Inuit peoples arrived in the 13th century. The Norse colonies disappeared in the late 15th century. Soon after their demise, beginning in 1499, the Portuguese briefly explored and claimed the island, naming it Terra do Lavrador (later applied to Labrador in Canada).
Denmark–Norway claimed Greenland for centuries. Though under continuous influence of Norway and Norwegians, Greenland was not formally under the Norwegian crown until 1262. The Kingdom of Norway was extensive and a military power until the mid-14th century. Norway lost sovereignty over Greenland in 1814 when the union was dissolved. Greenland became a Danish colony in 1814, and was made a part of the Danish Realm in 1953 under the Constitution of Denmark.
In 1979, Denmark had granted home rule to Greenland, and in 2008, Greenlanders voted in favour of the Self-Government Act, which transferred more power from the Danish royal government to the local Greenlandic government.
The last Greenlandic coins were withdrawn on July 1, 1967, and since then, Danish coins have been used.
MONETARY SYSTEM: 100 0re = 1 Krone
Greenland has been inhabited off and on for at least the last 4,500 years by Arctic peoples whose forebears migrated there from what is now Canada. Norsemen settled the uninhabited southern part of Greenland beginning in the 10th century, and Inuit peoples arrived in the 13th century. The Norse colonies disappeared in the late 15th century. Soon after their demise, beginning in 1499, the Portuguese briefly explored and claimed the island, naming it Terra do Lavrador (later applied to Labrador in Canada).
Denmark–Norway claimed Greenland for centuries. Though under continuous influence of Norway and Norwegians, Greenland was not formally under the Norwegian crown until 1262. The Kingdom of Norway was extensive and a military power until the mid-14th century. Norway lost sovereignty over Greenland in 1814 when the union was dissolved. Greenland became a Danish colony in 1814, and was made a part of the Danish Realm in 1953 under the Constitution of Denmark.
In 1979, Denmark had granted home rule to Greenland, and in 2008, Greenlanders voted in favour of the Self-Government Act, which transferred more power from the Danish royal government to the local Greenlandic government.
The last Greenlandic coins were withdrawn on July 1, 1967, and since then, Danish coins have been used.
MONETARY SYSTEM: 100 0re = 1 Krone
Token coinage was used by the following mining/trading companies:
Greenland Mining Ltd (1907-1914)
A. Gibbs & Sons (1863)
Oresund (1859-1865)
Ivigtut Cryolite Mining and Trading Ltd
Royal Greenland Trade Company
Thule-Kap York
1 Krone, KM#10
Lettering :
DEN KONGELIGE GRĂNLANDSKE HANDEL
1957
Rev :
Lettering :
1
KRONE
Details :
Reeded Edge
Engraver: Harald Salomon
KM#10
References :
- https://en.wikipedia.org/wiki/Greenland
- Standard Catalog of World Coins - Krause Publication
