1970 Iceland 1 Krona!

Hello everyone, sorry for the extended absence. I've been very busy with life, school, and video games over the past few months and while I definitely could have done some posting, I decided to use my time in other ways.

Anyway, I decided long ago when I took these pictures that this coin would follow my 1940 Icelandic Krona when I posted it. So, here it is! This was the last version of this coin used before Iceland downgraded to a much smaller aluminum coin with the same design. It has since been demonetized and the Krona was replaced with a new Krona 1980. The new Krona is valued at 1KR=$0.0085 USD which means Iceland is probably due for another revaluation. This coin as it sits is worth about $0.10 in numismatic value making it worth more than an actual modern Icelandic Krona.

1940 Iceland 1 Krona!

My oldest, most rare, and probably most valuable Icelandic coin. I bought it for $0.50 and knew when I saw it that it had to be mine. I'm not a big fan of modern Icelandic coins, but the older ones are much harder to find so the newer ones are pretty much all I have. That's why I was excited to see this coin for such a small price. Only 209,000 were minted which, by American standards, is a very small number and if this was an American coin, I would not have one. Since it is from a smaller, not as collected country, it is more readily available. This coin is worth about $2.00

1975 Iceland 5 Kronur!

I just realized I have three of these and I got all three on the same date at the same place. I also got that 1976 1 Krona on the same day too. This coin is basically a U.S. nickel which is why they had a reform. Their money was basically worthless even in high denominations so they decided to make it worth more. These coins were demonetized and they got new coin sizes and denominations, although they stopped making the aurar or cents long ago. This coin is worth about $0.15.

1976 Ísland Króna!

That's right I put the title in the coin's native language. If you haven't already figured it out, this is an Icelandic Króna, or crown. It was the equivalent to their dollar before they came out with the second króna in 1981. Now they use that one and this coin is practically worthless, as most tiny aluminum coins are. I especially like the coat of arms on the reverse which features a bull, a griffin or eagle, a dragon, and a rock giant. Yes, you read that correctly, a Rock Giant. They each protect certain parts of Iceland and you can read all about them here. This coin actually isn't too bad for being tiny and aluminum and is worth about $0.10.