King in Thulé seated on a throne, two naked people knelt down on both sides. Sun, sea and mountains in background.
Obverse script
Latin
Obverse lettering
E.
J.
Reverse description
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.