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5000 Krónur Seðlabanki Íslands
| Issuer | Seðlabanki Íslands (Central Bank of Iceland) |
|---|---|
| Year | 1971-1980 |
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| Designer(s) | Halldór Pétursson |
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| Obverse description | Brown on multicolour underprint. A portrait vignette of the Icelandic poet Einar Benediktsson faces right at left, with a guilloche-enriched surround and the issuer's name arched above. A vignette of the Írafoss hydroelectric dam is centred at the lower portion of the note. |
|---|---|
| Obverse lettering | 5000 SEÐLABANKI ÍSLANDS 5000 FIMM ÞÚSUND KRÓNUR SAMKVÆMT LÖGUM NR.10. 29. MARZ 1961 EINER BENEDIKTSSON 5000 (Translation: Five Thousand Kronur According to law no. 10. 29. March 1961) |
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| Comments |
Bradbury Wilkinson printed the entire P#47 series at their New Malden works under contract to Seðlabanki Íslands, which had taken over note-issuing authority from Landsbanki Íslands in 1961. The 5000 króna denomination was the highest face value in circulation during the 1970s, a period when Iceland was running some of the worst inflation rates in Western Europe — consumer prices roughly tripled between 1975 and 1980 alone.
Designer Halldór Pétursson worked on several denominations in this series. The watermark remains the sole security feature, modest even by the standards of the period.