History Through Numismatics
"The World's leaders and their coins"
US Virgin Islands
STAMPS AND COINS
SERVING COLLECTORS SINCE 1961
The U.S. Virgin Islands, officially the Virgin Islands of the United States, are a group of islands in the Caribbean that are an insular area of the United States. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles. The U.S. Virgin Islands consist of the main islands of Saint Croix, Saint John, and Saint Thomas, and many other surrounding minor islands. The total land area of the territory is 133.73 square miles (346.36 km2). The territory's capital is Charlotte Amalie on the island of Saint Thomas.
In 2010 the population was 106,405, and mostly Afro-Caribbean. Tourism is the primary economic activity, although there is a significant rum manufacturing sector. Farming is done on a relatively smaller scale on the island of St. Croix, although it has seen a slow revival in recent years.
Previously the Danish West Indies of the Kingdom of Denmark–Norway, they were sold to the United States by Denmark in the Treaty of the Danish West Indies of 1916 for 25 million Dollars. They are classified by the UN as a Non-Self-Governing Territory, and are currently an organized, unincorporated United States territory. The U.S. Virgin Islands are organized under the 1954 Revised Organic Act of the Virgin Islands and have since held five constitutional conventions. The last and only proposed Constitution, adopted by the Fifth Constitutional Convention in 2009, was rejected by the U.S. Congress in 2010, which urged the convention to reconvene to address the concerns Congress and the Obama Administration had with the proposed document. The convention reconvened in October 2012 to address these concerns, but was not able to produce a revised Constitution before its October 31 deadline.
▸King of Denmark between November 15, 1863 and January 29, 1906
▸ Upon the death of King Frederick VII of Denmark in 1863, Christian acceded to the throne as the first Danish monarch of the House of Glücksburg.
▸Christian married his second cousin, Princess Louise of Hesse-Kassel, in 1842. Their six children married into other royal families across Europe, earning him the sobriquet "the father-in-law of Europe".
▸Most current European monarchs are descended from him, including Queen Margrethe II of Denmark, Queen Elizabeth II of the United Kingdom, King Philippe of Belgium, King Harald V of Norway, King Felipe VI of Spain, and Grand Duke Henri of Luxembourg.
Danish West Indies, 5 Cents (25 Bits) 1905, 21 mm, Nickel, KM# 77
Crowned monogram, date below followed by Mintmaster's initial P
No reverse legend
Trident, cadeceus and sickle dividing date, value above, Moneyer's initials GJ below
5 Bits = 1 Cent / 100 Bits = 1 Frac / 5 Francs = 1 Daler
The Danish West Indies or Danish Antilles was a Danish colony in the Caribbean, consisting of the islands of Saint Thomas with 43 square miles (110 km2); Saint John with 42 square miles (110 km2); and Saint Croix with 100 square miles (260 km2). The Danish West India Guinea Company annexed the uninhabited island of Saint Thomas in 1672 and St. John in 1675. In 1733, Saint Croix was purchased from the French West India Company. When the Company went bankrupt in 1755, the King of Denmark-Norway assumed direct control of the three islands. The Danish West Indies was occupied by Britain in 1802–1803 and 1807–1815, during the Napoleonic Wars.
The intention of Danish colonization in the West Indies was to exploit the profitable triangular trade, involving the exportation of firearms and other manufactured goods to Africa in exchange for slaves who were then transported to the Caribbean to staff the sugar plantations. The final stage of the triangle was the exportation of cargo of sugar and rum to Denmark. The economy of the Danish West Indies was dependent on slavery. After a rebellion, slavery was officially abolished in 1848, leading to the near economic collapse of the plantations.
In 1852, the sale of the increasingly unprofitable colony was first debated in the Danish parliament. Denmark tried several times to sell or exchange the Danish West Indies in the late 19th and early 20th century, to the United States and the German Empire respectively. The islands were eventually sold for 25 million dollars to the United States, which took over the administration on 31 March 1917, renaming the islands the United States Virgin Islands.
The circulating coinage in the U.S. Virgin Islands is the U.S. Dollar