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50 Krónur - Christian X Landssjóður Íslands

Issuer Landssjóður Íslands (Treasury of Iceland)
Year 1916
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Printer H.H. Thiele, Copenhagen, Denmark
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Obverse description Printed in blue on white paper with a yellow-brown guilloche frame at centre. A portrait vignette of King Christian X is positioned to the left, with the denomination numeral below. The upper portion carries the face value in large text, while the central field bears the promissory legend in Icelandic within the decorative frame.
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Reverse description Printed in blue on white paper. The central vignette presents a seated female allegory of Iceland — the traditional Mountain Woman — with an Icelandic falcon perched on her right shoulder. The denomination in words appears above the central figure, and the issuing authority name below. Ornate guilloche circles bearing the numeral value flank the central vignette in the upper half.
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Iceland's Landssjóður Íslands notes of this period were issued under Danish sovereignty — Christian X had been King of Denmark and Iceland since 1912, and the treasury operated as a colonial fiscal instrument rather than an independent central bank. The Home Rule Act of 1904 had given Iceland limited autonomy, but monetary authority remained firmly within Copenhagen's orbit, and Thiele was the logical printer for that reason.

Henrik Olrik was a respected Danish decorative artist; Gerhard Heilmann, better known as an ornithologist, was also an accomplished illustrator. An unusual pairing for a banknote commission.

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