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1 øre / oyra
General information
Country

Flag of the Faroe Islands Faroe Islands

Value

0.01 krónur/krone

Years

19411942 (1942 struck with 1941 dies)

Measurements and composition
Mass

1.9 g

Diameter

16 mm

Composition

bronze

Appearance
Shape

round with circular hole

Alignment

medallic

Edge

plain

Obverse

Monogram of Christian X, state title

Reverse

State title, value, year

v · d · e

The 1 øre coin (1 oyra in Faroese), is a circulation piece that was issued by the Faroe Islands (alternately spelled "Faeroe Islands" in the Standard Catalog of World Coins) from 1941 to 1942, during the British occupation of the Danish territory. It had a legal tender face value equivalent to 0.01 krónur (0.01 krone) prior to its eventual demonetization. The piece was struck at the Royal Mint in Tower Hill, London.

History and descriptionEdit

Denmark øre 1940 CX

The Danish øre from which the Faroese coin was based

The British occupied the Faroe Islands during much of World War II, fearful that Germany would invade the islands after its successful overtaking of Denmark in 1940. Because the Faroes and Denmark were controlled by opposing forces in the war, the two were effectively separated. A resulting shortage of small change in the British-held territory prompted the striking of coins, including a 1 øre piece, at the Royal Mint in Tower Hill, London. It utilized designs similar to those appearing on the pre-war Danish coins already in circulation.

The coin is nearly identical to the piece of the same denomination that was issued in Denmark and its territories from 1926 to 1940 under King Christian X (1870–1947). It is composed of bronze, weighs approximately 1.9 grams, and measures 16 millimeters in diameter. The piece has medallic alignment and a plain edge. It is round in shape, and a circular hole is punched out of the center. Displayed in the middle of the obverse is a variant of the monogram of Christian X – featuring normal-facing and backward "C"s interconnected, with an "X" in between and the Crown of Christian V above. The hole of the piece is carved out just above the "X". Inscribed in a clockwise direction along the upper rim on the coin's obverse is the Danish text "KONGE AF DANMARK" (English: "King of Denmark"). Such text is separated between the words "AF" and "DANMARK" by the crown in the monogram. Unlike on the similar Danish 1 øre piece, the "GJ" initials of the artist, Gunnar Jensen (1863–1948), are omitted. The word "DANMARK" is printed along the upper periphery of the reverse, with the date "1941" written below in a smaller font, arched around the circumference of the central hole. A decorative element is engraved at the left and right sides of the piece, and the face value "1 ØRE" is inscribed counterclockwise along the bottom rim of the piece. The "N" initial of mint master Niels Peter Nielsen is not present between the value and the hole, as it is on the Danish øre, nor is the heart mint mark of the Royal Mint of Denmark, then located in Amager. Both the obverse and reverse rims are raised and decorated with a beaded border.

Only approximately 200,000 øre coins were made for the Faroe Islands from 1941 to 1942. The two dates are indistinguishable, as the Royal Mint utilized the same dies in 1942 as in 1941. A small number of proofs were coined as well.

ReferencesEdit

Template:Faroese króna

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