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The Denmark 1 Krone coin from 1930, cataloged as KM#824.2, is a fascinating piece of numismatic history that reflects both the economic landscape of Denmark during the early 20th century and the artistic craftsmanship of its mint. The year 1930 was marked by significant events in Denmark, as the country was navigating through the repercussions of the global economic downturn initiated by the Great Depression. This coin serves as a reminder of a time when the Danish economy was experiencing challenges yet maintained its resilience through the utilization of its currency.
The 1 Krone denomination has been an essential part of Denmark's currency system since its introduction in the late 19th century. Initially, the Krone replaced the rigsdaler, and the 1 Krone became a standard unit of currency used in everyday transactions. The 1930 issuance of the 1 Krone continued this tradition, providing both a means for commerce and a symbol of national identity during challenging economic times. The design and minting of the coin were carefully considered to maintain public trust in the currency amidst the economic uncertainties of the era.
The obverse of the 1930 1 Krone features a prominent portrait of King Christian X, who was the reigning monarch from 1912 until 1947. The king's profile faces right, and his likeness is intricately detailed, showcasing the artistic talent of the engravers of the Royal Danish Mint. Surrounding the portrait is the inscription "CHRISTIAN X KONGE AF DANMARK," which translates to "Christian X King of Denmark." This inscription serves to reinforce the monarch's authority and symbolizes national pride during a period of social and economic change.
On the reverse side of the coin, the design features the Danish coat of arms, which is flanked by a stylized depiction of a crowned shield. The coat of arms prominently displays the three lions that symbolize Denmark and its historical connections to the Scandinavian region. Below the coat of arms is the denomination "1 KRONE," clearly denoting the coin's value. The combination of the royal imagery and the national symbols is representative of Denmark's rich cultural heritage and its connection to monarchy, reinforcing the legitimacy and stability of the currency.
Struck in silver, the 1930 1 Krone coin contains 0.500 ounces of silver, with a fineness of 83.5%. The coin weighs approximately 11.3 grams and has a diameter of 29 mm, making it a practical size for circulation. The choice of silver as the metal for this coin is significant, as it not only enhances the coin's visual appeal but also provides intrinsic value that encourages confidence among the populace in using the coin for everyday transactions. The silver composition also allows for a beautiful finish, which has been preserved in the Fine (F) grade that this specific coin has achieved.
The minting of the 1930 1 Krone occurred in substantial quantities, contributing to its availability in the market. The exact mintage figures may vary, but the production of this coin ensured that it became a common element of daily transactions in Denmark. The widespread circulation of the 1 Krone during its time reflects its functionality and the Danish government's efforts to maintain a stable currency amidst economic recovery efforts following the Great Depression.
As a coin graded at Fine, the 1930 1 Krone exhibits visible wear while retaining much of its detail. This condition allows collectors and historians to appreciate the coin's craftsmanship and historical context. The F grade indicates moderate wear, which is expected for a coin that circulated during a time of economic challenge. Collectors are often drawn to coins like this for their historical significance and artistic merit, as they provide insight into the socio-economic conditions of the time.
The 1930 1 Krone not only holds monetary value but also serves as a cultural artifact that tells the story of Denmark during a transformative period. The imagery and inscriptions on the coin convey a sense of national identity, reflecting the values and aspirations of the Danish people. Collectors often seek this coin for its representation of Denmark's rich heritage and the monarchy's role in shaping the country's history.
In conclusion, the Denmark 1 Krone from 1930 (KM#824.2) is a remarkable piece of numismatic history that encapsulates the spirit and resilience of Denmark during the early 20th century. Its elegant design, featuring King Christian X and the Danish coat of arms, symbolizes the strength and unity of the Danish nation during a time of change. The coin not only serves as a functional currency but also as a cherished collectible, preserving the narrative of Denmarkâs enduring cultural legacy. For collectors and enthusiasts alike, the 1930 1 Krone remains a significant and attractive addition to any numismatic collection.