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5 Krónur - Christian IX Posthumous, Landssjóður Íslands

Issuer Landssjóður Íslands (Treasury of Iceland)
Year 1907
Type Standard circulation banknote
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Obverse description Brown intaglio print on white paper. A portrait vignette of King Christian IX occupies the left portion of the note, with the denomination printed beneath. The upper field carries the value numeral, while the central area is occupied by the promissory text in Icelandic, set within a guilloche-patterned underprint.
Obverse lettering FIMM KRÓNUR SAMKVÆMT LÖGUM 18 SEPT. 1885 OG 12 JAN. 1900. FYRIR LANDSSJÓÐ ÍSLANDS.
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Christian IX died in January 1906, making this note unusual from the moment of its design commission — a Danish king's portrait being engraved for an Icelandic treasury note while the island remained under Danish sovereignty, with the subject already dead before a single sheet was printed. Henrik Olrik and Gerhard Heilmann were both established Copenhagen figures; Heilmann is better remembered today as an ornithologist than a banknote designer, which reflects how small the professional pool was for this kind of work.

H.H. Thiele had a near-monopoly on Danish official printing at the time and handled the Landssjóður series throughout its run.