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1 Króna Skillemønt type II; single circles as bottom print; red serial number on circles
| Issuer | Ríkissjóður Íslands (State Treasury of Iceland) |
|---|---|
| Year | 1924 |
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| Value | 1 Króna (1 ISJ) |
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| Obverse description | Blue letterpress print on white paper with an allover underprint of single small circles. The denomination KRÓNA is printed in large bold letters at centre, with the numeral 1 above in a circular guilloche cartouche. A red serial number is printed across the circle underprint. Two signatures appear at the lower centre beneath the issuer inscription. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Blue letterpress print with a dense allover guilloche lattice pattern incorporating quatrefoil rosettes. The Icelandic coat of arms (1919 design) — crowned shield with the cross of Iceland supported by a bull and a giant — is printed at centre, flanked by two circular cartouches each bearing the numeral 1. |
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| Comments |
Iceland's State Treasury handled note issuance directly — there was no central bank until the Seðlabanki was established in 1961, making the Ríkissjóður series unusual by European standards of the period. The Gutenberg press in Reykjavík printed this domestically, which was not a given for small Nordic economies at the time; neighbouring countries routinely contracted Scandinavian or British security printers for their lower denominations.
The red serial number on circles distinguishes this as the second major type within the series — a detail that matters for attribution, since the two types circulated concurrently and are easily conflated in less precise cataloguing.