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5.000 Krónur

Issuer Seðlabanki Íslands
Year 1961
Type Standard circulation banknote
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Obverse lettering 5000
SEÐLABANKI ÍSLANDS
SAMKVÆMT LÖGUM NR. 10
29. MARS 1961
FÍMM ÞÚSUND KRÓNUR
Ragnheiður Jónsdóttir
Reverse description The reverse is dominated by a large intaglio scene in which Ragnheiður Jónsdóttir is seated at right in traditional Icelandic dress, instructing two students in needlework at a cloth-covered table, rendered with fine engraved detail against a dense geometric guilloche background in green, gold, and blue. The denomination numeral 5000 is placed at lower left and upper right, with a decorative cartouche at lower right.
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Comments

Seðlabanki Íslands was established in 1961, the same year this note entered circulation, replacing the Landsbanki Íslands as Iceland's central bank and sole issuing authority. The changeover was administrative rather than chaotic — existing Landsbanki notes remained legal tender — but the new series printed by De La Rue marked a clean institutional break.

Jóhanna Nordal, one of the two signatories here, would go on to serve as Governor of the Central Bank from 1994 to 2005, making her earlier appearance on this note something of a footnote to a long career in Icelandic monetary affairs.

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