Historic Denmark Gold 20 Kroner, classic Scandinavian Monetary Union fractional gold coin
Minted from 1873 to 1917, with additional non‑circulating issues in the late 1920s and early 1930s, the 20 Kroner series spans the reigns of three kings—Christian IX, Frederik VIII, and Christian X—each appearing on the obverse with a portrait and legend naming him as king of Denmark. The reverse typically shows either the Danish coat of arms (a crowned shield with lions and hearts, draped in the royal mantle) or, on early Christian IX pieces, the famous “mermaid” design: Liberty seated with shield and staff beside a swimming herring, all above the 20 KRONER denomination. Struck to a 90% gold / 10% copper standard, each coin holds about 0.2593 troy ounces of fine gold—slightly more than contemporary 20‑franc pieces—making them a practical fractional unit for investors while also reflecting the shared gold‑standard rules of the Union. Today, Danish 20 Kroner coins are appreciated for their blend of old‑world charm, solid bullion value, and relatively modest mintages, offering a distinctive alternative to more familiar European gold types and a natural fit alongside Swiss 20 Francs, British sovereigns, and other classic world‑gold in a diversified portfolio






