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500 Krónur Landsbanki Íslands, brown colour

Issuer Landsbanki Íslands (National Bank of Iceland)
Year 1948
Type Standard circulation banknote
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Obverse description Brown intaglio print on multicolour guilloche underprint. Portrait vignette of Jón Sigurdsson at left, with a blank watermark panel occupying the right portion of the note. Denominational numerals and bank inscriptions appear in the upper and lower margins.
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Reverse description Brown intaglio print with a blank watermark panel to the left and a landscape vignette of Þingvellir to the right, rendered in fine line engraving. Denomination numerals and the printer's imprint appear in the margins.
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Comments

Bradbury Wilkinson printed a considerable share of Icelandic currency through the mid-twentieth century, and this 500 Krónur note from 1948 sits near the top of that relationship in terms of face value. Iceland's postwar monetary situation was turbulent — the króna had been pegged to sterling since 1939, and by 1948 inflationary pressure was already building toward the devaluations that would follow in the 1950s. A 500 Krónur denomination was serious money at issue.

Jón Thorleifsson's involvement as designer is notable; he was one of the few Icelandic artists to work directly on banknote commissions during this period rather than having foreign printers supply generic adapted designs.

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