Back to collection

1 krone 1940

Europe › Faeroe Islands
P-91940Danmarks NationalbankPMG 63(UNC)
1 krone 1940 from Faeroe Islands, P-9 (1940) — image 1
1 krone 1940 from Faeroe Islands, P-9 (1940) — image 2

Market Prices

13 sales
Catalogue (2016)
VG$10
VF$35
UNC$200
F$19.952025-08-30(1 bid)
VF$14.32023-04-10(12 bids)
F$12.822021-06-10(11 bids)
VF$262020-07-19(10 bids)
VG$19.52018-10-31(12 bids)
F$12.52018-10-29(8 bids)
F$20.52018-09-09(19 bids)
F$24.52018-05-09(17 bids)
VF$20.52017-09-05(17 bids)
F$242017-04-30(7 bids)
AUNC$135.52015-10-09(31 bids)
UNC$173.52015-01-28(31 bids)
VF$262013-10-22(12 bids)

About This Note

This 1 Krone note from the Faeroe Islands (November 1940) represents a fascinating piece of Danish emergency wartime currency, issued by Danmarks Nationalbank for use in the occupied territory. The note displays crisp, uncirculated condition with vibrant purple, red, and blue printing on a cream background, featuring ornate decorative borders and fine line work typical of period security printing. The PMG 63 grade reflects handling evidence inconsistent with the visual pristine appearance, likely due to minor centering or marginal issues.

Rarity

Common. eBay market data shows consistent sales in the $12-26 range for Fine to VF specimens, with even AUNC and UNC examples selling between $135-173 in 2015. The ongoing circulation of examples across multiple condition grades indicates this was a standard issue with adequate print run for the Faeroe Islands' administrative needs. Current catalog values (VG: $10, VF: $35, UNC: $200) and the frequency of market appearances confirm this is not a scarce issue, though wartime occupation currency adds historical significance beyond rarity value.

Historical Context

Issued in November 1940, this note represents Denmark's response to the Nazi occupation during World War II, when the Faeroe Islands required emergency currency as part of occupied Danish territory. The formal inscription 'Issued on behalf of Danmarks Nationalbank as valid currency for the Faroe Islands' and the designation 'FÆRØ AMT' (Faroe District) underscore the administrative separation of the islands during this period. The signatures of the district governor (Amtmand) and the note's emergency status make it a historically significant artifact of Scandinavian wartime administration.

Design

The note features a symmetrical rectangular design with ornate borders containing repeating decorative patterns in the characteristic colors of the series. The obverse presents the denomination and issuing authority information centrally, flanked by laurel wreath designs on both left and right sides. The reverse displays a prominent blue panel at center with the denomination in an ornamental cartouche, surrounded by decorative floral motifs and a repeating background pattern serving as a security feature. No portraits or specific landmarks are depicted; instead, the design relies entirely on typography, heraldic elements, and geometric ornamentation typical of Danish administrative currency from the World War II period.

Inscriptions

Front side: '1 Kr.' (1 Krone) appears in top corners; 'FÆRØERNE' (The Faroe Islands); 'EN KRONE' (One Krone); 'UDSTEDT PAA DANMARKS NATIONALBANKS VEGNE SOM GYLDIGT BETALINGSMIDDEL PAA FÆRØERNE' (Issued on behalf of Danmarks Nationalbank as valid currency for the Faroe Islands); 'FÆRØ AMT, NOVEMBER 1940' (Faroe District, November 1940); 'Nr. 629012 A' (Serial Number 629012 A); 'AMTMAND' (District Governor/signature). Back side: '1 Krone' appears in ornamental cartouche at center.

Printing Technique

Typographic (letterpress) printing with multicolor registration on a cream-colored paper stock. The fine line work, intricate repeating patterns visible in background areas, and the precision of the decorative borders indicate professional security printing techniques of the 1940 era. The crisp color separation between purple, red, blue, and cream elements suggests skilled register work typical of Danish national bank currency production during this period.

Varieties

This specimen is identified as serial number Nr. 629012 A, with the 'A' suffix indicating the first series of the 1940 emission. The November 1940 date and Faeroe District (Færø Amt) designation are consistent with the standard Pick-9 cataloging. No notable overprints, color variants, or signature varieties are observed in this example. The serial number range and suffix should be cross-referenced with known print runs for precise variety determination, though the standard A-series designation places this among the primary issue run.