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5000 Krónur No top and bottom border

Issuer Seðlabanki Íslands (Central Bank of Iceland)
Year 2001-2019 (2001-2024)
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Value 5000 Krónur
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Obverse description Predominantly blue on multicolour underprint, with no top or bottom border. The central vignette presents Ragnheiður Jónsdóttir, third wife of Bishop Gísli Þorláksson, as the principal portrait figure; smaller inset portraits of his two former wives, Gróa Þorleifsdóttir and Ingibjörg Benediktsdóttir, appear in the upper corner. The face value is rendered in a stylised embroidery-script typeface, echoing Ragnheiður's renowned needlework tradition.
Obverse lettering SAMKVÆMT LÖGUM NR.36 22. MAÍ 2001 SEÐLABANKI ÍSLANDS FIMM ÞÚSUND KRÓNUR
(Translation: In accordance with law no. 36 22nd of May 2001 Central Bank of Iceland Five thousand Kronas)
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Comments

The "no top and bottom border" designation refers to a specific printing variant within the P#60 series — the borderless edge treatment was a deliberate design choice by Kristín Þórkelsdóttir and Stephen Alan Fairbairn, and it remains one of the more visually distinctive elements of Iceland's modern note designs. De La Rue produced the series across a remarkably long run, with the same basic design circulating from 2001 through the 2019 withdrawal, long outlasting the 2008 financial crisis that effectively bankrupted the Icelandic state and forced emergency IMF intervention.

Iceland's króna collapsed so severely in 2008 that the 5000 denomination, once substantial, lost much of its practical weight almost overnight.

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