About the Danish 20 Kroner Frederik VIII
By StoneX Bullion
Overall Presentation Danish 20 Kroner Frederik VIII
The Danish 20 Kroner Frederik VIII gold coin was minted between 1908 and 1912 by the Royal Danish Mint. The Kroner gold coin was introduced after one year since Denmark abandoned the silver standard, meaning in 1874, and so become the official unit of the Denmark Kingdom monetary system.
In 1875 it was formed the Scandinavian Coin Union by Denmark, Sweden and Norway and the 20 Kroner gold coin was denominated as the primary monetary instrument in these countries and also a fixed standard of value.
The Danish 20 Kroner Frederik VIII gold coin is found in Brilliant Uncirculated condition and although their mintage was scarce they are sold at a low premium over the gold spot price which makes these coins valuable for bulk gold investors.
This gold coin issued under the reign of Frederik VIII, king of Denmark, has a purity of 90.00% which is the equivalent of 21.6 carats for the Danish 20 Kroner Frederik VIII. Its total weight is of 8.9606 grams and the gold that is used in producing one gold Danish 20 Kroner Frederik VIII coin weighs 8.06 grams or 0.2592 troy ounces of pure gold. This gold coin also has a diameter of 23 mm.
Danish 20 Kroner Frederik VIII Design
The word kroner means in Danish crown. It was the name chosen for this Danish gold coin because it is features on the obverse the portrait of various Denmark Kings like Frederik VIII and Christian X.
On the obverse of the Danish 20 Kroner Frederik VIII gold coin appears the portrait of Frederik VIII facing left. He was King of Denmark just for six years at the age of 63 years old. He was succeeded by his son Christian X who also appears on a Danish gold coin.
His bust is bear headed and accompanied by the following inscription: FREDERIK VIII DANMAKRS KONGE.
The reverse illustrates the coat of arms of the Denmark Kingdom. On the reverse it also appears the year in which the Danish 20 Kroner Frederik VIII gold coin was issued and our website we have illustrated a coin minted in 1909. It also appears the denomination written in capital letters and in our case is about the 20 KRONER and other minting marks which have the shape of a heart representing the Copenhagen Mint.
Desired Danish 20 Kroner Frederik VIII
As mentions above, at first the Danish 20 Kroner Frederik VIII gold coin was not minted with the thought of investors or collectors in mind; they were in the beginning the official unit of the Danish monetary system and were also minted in order to facilitate the exchange of banknotes for gold.
Nevertheless, the Danish 20 Kroner Frederik VIII gold coin it became in demand from investors and collectors alike.
The Danish 20 Kroner Frederik VIII gold coin was produced in what it is considered to be a scarce mintage therefore it poses a great interest to collectors, their interest is spiked when it comes to that. This Denmark gold coin is also visually appealing and the gold used in manufacturing it, it has a high purity of 90.00% which makes it to be sought after by investors and collectors alike.
In pricing the Danish 20 Kroner Frederik VIII gold coin, we only take into consideration the market price for gold which, as you well know, it fluctuates so you must choose wisely the most adequate period for purchasing and trading these Denmark gold coins.