Iceland 1981 5 aurar

from the Mountain Groan Collection

This specimen was struck for the republic of Iceland in 1981. 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). In 1981, the krona was reformed and 100 old krona = 1 new krona. Few issues of the republic are catalogued at more than a few dollars.

Recorded mintage: 15,000,000 plus 15,000 proofs.

Specification: 1.5 g, bronze, 14.58 mm diameter, plain edge.

Catalog reference: KM 24.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1974 10 aurar
• 1977 50 kronur
• 1981 10 aurar
• 1981 50 aurar
• 1981 krona
• 1981 5 kronur
• Coins and currency dated 1981