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Stack's Bowers & Ponterio
August 2019 ANA - Sess. A-C  14 & 16 Aug 2019
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Lot 21177

Starting price: 600 USD
Price realized: 1050 USD
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GREENLAND. Angmagssalik Island. Royal Greenland Trade Co. Zinc 500 Ore and Ore Tokens (2 Pieces), 1894-1926. Both NGC Certified.
1) 500 Ore. NGC AU-55. KM-Tn23.2; Sieg-45. Mintage: 99.

2) Ore. NGC MS-61. KM-Tn15. Mintage: 180.

A RARE and highly collectible pair that were manufactured for use in Angmagssalik Island, a small municipality off the coast of Southeast Greenland that boasts a modern-day population just over 2,000 people.

The Royal Greenland Trading Department (Company) was established in 1774 by the Danes with the mission of administrating the realm's settlements and trade with Greenland. For significant periods, the company held monopolies on all local trade, with whaling and fishing being the primary industry. Until 1908, the government was also under the company's management. Finally, in 1950, the monopoly ended, and the two regional splits (northern and southern) that the company had made were dissolved in preparation for the integration into the Kingdom of Denmark in 1953.

Estimate: $1000.00- $2000.00

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