Iceland 1974 5 kronur

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Stack's Bowers October 2020 Collector's Choice sale, lot 71793
SB1020-71793r.jpg

This specimen was lot 71793 in Stack's Bowers Collectors Choice sale (Santa Ana, CA, October 2020), where it sold for $105. The catalog description[1] noted, "ICELAND. 5 Kronur, 1974. London or Llantrisant Mint. PCGS SPECIMEN-66 Gold Shield. tied with just three others for the finest in the PCGS census, this superlative Gem presents shimmering luster atop its untoned, steel gray surfaces." This type was struck for the republic of Iceland in 1969-80. The inflation of the 1960's and 1970's killed off the smaller denominations (one eyrir and five aurar in 1966, twenty-five aurar in 1967, ten aurar in 1974). New denominations were introduced, the fifty kronur in 1970, this five kronur in 1969 and the ten kronur in 1967. In 1981, the krona was reformed and 100 old krona = 1 new krona.

Recorded mintage: 1,200,000.

Specification: 4 g, copper-nickel.

Catalog reference: KM-18.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The October 2020 Collector's Choice sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2020.

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