Postage stamps and postal history of Greenland Danish flag, walruses and local scenery. The stamps were valid for mail from Thule to Copenhagen. Postage stamps and postal history of Greenland This is a survey of the postage stamps and postal history of Greenland. Greenland is an autonomous country within the Kingdom of Denmark, located between the Arctic and Atlantic Oceans, east of the Canadian Arctic Archipelago. Stamps were issued by the Kongelige Grønlandske Handelin in 1905 for use as parcel stamps. The stamps showed the coat of arms of Greenland, featuring a standing polar bear. Letters were handled free of charge by the Kongelige Grønlandske Handel until
Greenland a tight fiscal policy since the late 1980s, which has helped create surpluses in the public budget and low inflation. Since 1990, Greenland has registered a foreign-trade deficit following the closure of the last remaining lead and zinc mine that year. More recently, new sources of ruby in Greenland have been discovered, promising to bring new industry and a new export from the country. (See Gemstone industry in Greenland). Air transportation exists both within Greenland and between the island and other nations. There is also scheduled boat traffic, but the long distances lead to long travel times and low frequency.