Comment on 28.7.1805
The exchange rate of Danish rix-dollars was apparently poor.
For example, in connection with Thorvaldsen’s grant from Fonden ad usus publicos of 6.3.1804, the sum of 300 Danish rix-dollars was converted into another currency: “[...] The board [of the foundation] asks permission: to assign this sum to him at the bank (Bank-Comptoir) in Altona in Hamburger Banco in order to secure him against a loss on exchanges.” Thorvaldsen then received a bill for 240 rix-dollars “in Hamburger Banco”, see Ernst Schimmelmann’s recommendation to the King, reproduced in the Danish National Archives (ed.): Fonden ad usus publicos. Aktmæssige Bidrag til Belysning af dens virksomhed, vol. 2, 1801-26, Copenhagen 1902, p. 75.
Last updated 27.07.2015