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| Issuer | Ríkissjóður Íslands (Icelandic State Treasury) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Reference(s) | P#18 |
| Obverse description | Blue letterpress print on white paper, with an overall underprint of small single circles forming a uniform dot pattern across the entire face. The central vignette carries the large bold denomination numeral '1' at top centre within a circular frame, flanked by numeral '1' medallions at left and right, and the large word 'KRÓNA' printed in bold across the middle. A handwritten signature of 'ÍSLAND' in stylised script runs across the lower centre, with a red serial number printed at upper left. The note is framed by an ornate guilloche border of scrolling foliate motifs. |
|---|---|
| Obverse lettering | 1 Króna SAMKVÆMT LÖGUM 18. SEPT 1885 OG 12. JAN 1900 FYRIR RÍKISSJÓÐ ISLANDS (Translation: According to Law of 18. Sept. 1885 and 12. Jan 1900 For the State Treasury Iceland) |
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| Comments |
Iceland's State Treasury began issuing small-denomination paper money — skillemønt, literally "change money" — to address a chronic shortage of coin that the country's remoteness made perpetually difficult to remedy. The Gutenberg press in Reykjavík handling the printing domestically was itself unusual for the period; most Scandinavian-adjacent territories were still routing currency work to Copenhagen or London.
The Type II designation distinguishes this from an earlier variant with differences in the signature configuration. Both circulated simultaneously for a period, which occasionally caused confusion at the counter level.