Object 3: One Danish Krone

June 1, 2021

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My next object is the physical token of currency of a Danish krone, translating to crown, where the object has the same name but different values in different countries. In 1873, Denmark, Sweden and Norway established the Scandinavian Monetary Union (SMU). Initially, these countries had a common currency, with equal value, post-WW1, SMU was abandoned, changing the value in all three countries (Mitchell, 2021).

This object exemplifies this exhibition, showing how money is factual and value is limited in interpretation. Money in modern society is crucial to how we view the world and better our quality of living. Every object has a fixed value, its purchasing power doesn’t change depending on who’s spending it. This object has the same value regardless whether a Dane, Brit, a rich or poor person holds the token. For anyone perceiving the coin, the value remains the same. Although the richer person perceives one krone with a neglectful attitude towards its value compared to a poorer individual, the value they place on the coin doesn’t dictate what they can buy with it, therefore the object is less open to interpretation.

The Danish Krone has been included in this exhibition, showing how practical knowledge can be open to interpretation. An occurrence around money is that value of currency differs depending on the country. Money, which we interpret to have a stationary value, isn’t the case in contexts of these countries. Changing the value of this object post-WW1 but the name remaining constant allows for misinterpretation, representing something less or more than in the other countries. People could interpret themselves as rich in Norway and someone with the same coin in Denmark could be interpreted as poor. Although the physical symbolism of the Danish krone and Norwegian krone is almost identical, the interpretation each person has on value and wealth is largely based on perception. The value that an individual associates to this object varies based on money mindset, historical evidence, and financial status, therefore this object is open to more interpretation.

REFERENCES:

 

Haffner, Chistopher. 2008. “Out of the question” . CHURCH TIMES. January 8th 2009. Accessed 23/03/2021

https://www.churchtimes.co.uk/articles/2008/11-january/features/features/out-of-the-question

https://austinkleon.com/about/

 

Mitchell, Cory. 2021. “DKK (Danish Krone)”. Investopedia. April 13th 2021. Accessed

17/03/2021

https://www.investopedia.com/terms/d/dkk.asp

 

Winnert, Leon . 2013. “Church Alignment research?”. The Natural Navigator. February 27th 2013. Accessed 23/03/2021

https://www.naturalnavigator.com/news/2013/02/church-graveyard-alignment-trends-west-east/

 

IMAGE REFERENCES:

Image 1: Kleon, A. 2009. THE CALL CENTER. Austin Kleon. April 29th 2009.

Accessed 7/05/2021.

https://austinkleon.com/2009/04/29/the-call-center/

Image 3: Florino28,2021. “Krone-Margrethe II.Colnect.”. Numista. Accessed 7/05/2021.

https://en.numista.com/catalogue/pieces1417.html

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