Danish Kroner
The gold Danish Kroner coin was introduced in 1619, and later reintroduced in 1875 as the official currency of Denmark. The Danish Kroner is also known as the Krone, and is sometimes referred to a the Danish Crown, as the word krone means crown in Danish. Gold Kroner coins typically feature a portrait of a monarch, were issues in 20 and 50 denominations, and have been minted in Denmark since the 1600’s.
The Royal Danish Mint has existed since the early 1500’s, at which time it acted as a subcontractor. In 1739 it became an independent institution in Copenhagen, and part of Denmark’s Ministry of Finance in 1849 when absolute monarchy was abolished.
The mint has been located in several different areas of Copenhagen and was the sole company legally allowed to produce Danish coins. In October 2014 the Danish Central Bank announced that the Royal Danish Mint would cease to produce coins due to rising costs and anticipated lower demand. In May 2016, the Mint of Finland was chosen as the new producer of Danish coinage.
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