1 Piastre - Christian VII (Danish Asiatic Company Trade Coinage) 1777 front 1 Piastre - Christian VII (Danish Asiatic Company Trade Coinage) 1777 back
1 Piastre - Christian VII (Danish Asiatic Company Trade Coinage) 1777 photo
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1 Piastre - Christian VII Danish Asiatic Company Trade Coinage

1777 year
Silver (.902) 26.982 g 39.6 mm
Description
Issuer
Denmark
King
Christian VII (1766-1808)
Type
Standard circulation coin
Year
1777
Value
1 Piastre
Currency
Rigsdaler specie (1625-1813)
Composition
Silver (.902)
Weight
26.982 g
Diameter
39.6 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#83064
Rarity index
89%

Reverse

Crowned globe-shaped arms of Denamrk and Norway between crowned pillars in imitation of the widespread Spanish pillars 8 reales. Below pillars and arms is a mound with three banners in representation of the Danish Islands: Greenland, Island and Far Oer.

Script: Latin

Lettering:
GLORIA EX AMORE PATRIÆ
PLUS ULTRA
ISLAN GRÖNLAN FERÖ
1777

Translation:
The love of the fatherland is my reward
Iceland Greenland Far Oer

Comment

The coin is well know as he "Greenland Dollar" and is very a masterpiece for all crown and Scandinavian coin collectors. The Greenland Dollar is a bit of a misnomer in that it was struck for trade in the Orient, but includes the Danish island territories on the coin: Greenland, Iceland and the Faroe Islands. The design of the coin was inspired by the dominant Asian trade coin, the Spanish colonial pillar 8 Reales.

Interesting fact

One interesting fact about the 1 Piastre - Christian VII (Danish Asiatic Company Trade Coinage) 1777 from Denmark is that it was used as a trade coinage in the Danish colonies in the West Indies, specifically in the Danish West Indies, which is now known as the United States Virgin Islands.

Price

Date Mintage VG F VF XF AU UNC
1777  21 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Piastre - Christian VII (Danish Asiatic Company Trade Coinage) 1777 coin.