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100 Kroner Heilmann type III

Issuer Danmarks Nationalbank
Year 1938-1943
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Value 100 Kroner (100 DKK)
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Signature(s) 1940 - Svendsen & Hellerung
1940 - Svendsen & Neergaard
1940 - Svendsen & Pugh
1941 - Svendsen & Hellerung
1941 - Svendsen & Heegaard
1941 - Svendsen & Ingerslevgaard
1943 - Svendsen & Lund
1943 - Svendsen & Neergaard
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Protection description Watermark consistent with the Heilmann type II series, with the arch text changed to read 'DANMARKS NATIONALBANK'.
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Comments

The Heilmann 100 Kroner series was issued across three type variants, this being the last — a design that ran directly through the German occupation of Denmark, which began in April 1940. The proliferation of signature combinations across 1940–1943 reflects genuine administrative turnover at the Nationalbank during a period when institutional continuity under occupation was neither automatic nor comfortable.

Gerhard Heilmann, better known internationally as an ornithologist and the author of the influential 1926 work on the origin of birds, produced these banknote designs as part of a broader commission from the Nationalbank. A scientist moonlighting as a currency artist — an unusual combination that Danish collectors tend to undervalue.

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