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2016 Denmark Kroner 6-Coin BU Set

RSM Price: $44.95
Item Number: 16DKBUST
  • Mint: Royal Danish Mint
  • Quality: Brilliant Uncirculated
  • Issue limit: 15,000
  • Alloy: Base Metal
  • Denomination: Kroner
  • Number of coins: 6
  • Medal included: Yes
This annual coin set features the six standard coins in the Danish coin range struck three times to the highest proof quality, as well as a mint medal.

The obverse of the medal shows The Royal Danish Mint’s mark, a heart, under a crown, while the reverse shows royal monogram as a novelty. This year’s medal shows a reproduction of the monogram used in the reign of King Christian VIII (1839-1848).

A monogram consists of initials referring to the first letters of a person's or a couple's first and last names. The elegantly interwoven and often mirrored initials first appeared in the late 17th century. Originally the were used only by the upper classes – royalty and nobility – but later, towards the end of the 19th century, monograms came into more widespread use.

In October 2014, it was announced by the Danish Central Bank that coin and banknote production would cease by the Royal Danish Mint and the printing facilities at the Central Bank by the end of 2016 citing production costs and the anticipated decreasing level or demand of coins and banknotes. Starting in 2017, Danish coins will be manufactured by the Mint of Finland.

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