Icelandic coat of arms surrounded by the four traditional protector spirits (`Landvættir`) of Iceland. These are Griðungur the bull, Gammur the eagle, Dreki the dragon, and Bergrisi the giant.
Obverse script
Latin
Obverse lettering
1946
Reverse description
Face value at the center and leaves of pubescent birch (Betula pubescens, only endemic tree of Iceland), to left and right.