50 Krónur, National Bank of Iceland, Kingdom of Iceland, 1928 (1931) (Pick 25)

This 50 Krónur note was issued in Kingdom of Iceland by the National Bank of Iceland, dated 1928 (1931). It belongs to the Old króna (1885-1980) currency system. Issuing authority and period recorded in the catalogue: Christian X (1918-1944). It measures 149 × 97 mm and is printed on paper. The Standard Catalog of World Paper Money lists the type as Pick 25.

Obverse: Grey-green with Yellow-brown text-field. Crowned Bust of Christian X facing Right. Ornaments surrounding Text and Picture. Its lettering reads “50 / serialnumber twice / FIMMTÍU / KRÓNUR / SAMKVÆMT LÖGUM NR. 10. 15.APRIL 1928 / LANDSBANKI ÍSLANDS / two Signatures / LANDSBANKI ÍSLANDS”. Translation given in the catalogue: “Fifty Krónur According to Law No. 10 15. April 1928 National Bank of Iceland”. Reverse: Grey-green with yellow-brown underprint Seated Mountin Woman representing Iceland facing front, holding a shield in her left hand and a sword with Silver falcon in her right hand. Landscape in background. All flanked by Viking ornaments with animals. Its lettering reads “FIMMTÍU KRÓNUR / 50 50 / LANDSBANKI ÍSLANDS”. Translation given in the catalogue: “Fifty Krónur National Bank of Iceland”.

The note was printed by Denmarks Nationalbank's Banknote Printing Works, Copenhagen, Denmark (1818-2016). Design is credited to Gerhard Heilmann. Signatures recorded for the type: Jón Árnason (JÁ) (Magnús Sigurðsson (MS)); Lúðvík Kaaber (LK) (Georg Ólafsson (GÓ)). Issue date recorded in the catalogue: 2 March 1931. Demonetized: 30 June 1939. Identification note: match the value, issuing bank, printed date and Pick number together; dates and signature combinations distinguish sub-varieties, which are not separated in this entry. Details follow the Numista catalogue entry and the Standard Catalog reference it cites; they have not been checked against a central-bank archive.