Iceland 5 Krónur (Althing)

Posted on: December 1, 2025

keywords: --- ### Introduction The 5 Krónur (Althing) coin from Iceland is a remarkable piece of numismatic history that captures the essence of Icelandic culture and heritage. Minted in 1930, this silver coin stands out not only due to its limited issuance but also because of its intricate design that celebrates the thousand-year anniversary of the Althing, the oldest surviving parliament in the world. This article delves into the fascinating aspects of this coin, exploring its historical roots, design intricacies, and its place in the world of coin collecting. ### Historical Background The 5 Krónur Althing coin was issued in 1930 to commemorate the millennium of the Althing, the national parliament of Iceland, which is one of the oldest legislative assemblies still in operation. The Althing was established in 930 AD at Þingvellir, marking a significant milestone in the governance and democratic traditions of Iceland. The coin was a part of Iceland's efforts to celebrate and honor this historical institution, reflecting the nation's pride in its political heritage. This particular coin was struck for a single year, which makes it highly sought after by collectors and historians alike. It represents not only a numismatic treasure but also a piece of Icelandic history, encapsulating the spirit of a nation with deep-rooted democratic traditions. ### Design Features The design of the 5 Krónur Althing coin is a testament to Iceland's rich cultural symbolism. On the obverse, the coin features Ulfliot the legislator standing, a significant figure in Icelandic history credited with organizing the Althing. Ulfliot is depicted in a dignified stance, symbolizing his role in laying the foundation of the Icelandic legal system. On the reverse, the coin showcases an intricate interlacing of Dreki the dragon and Gammur the eagle. This design is steeped in Norse mythology and symbolism, with the dragon and eagle representing strength, protection, and wisdom. The artistry of the reverse design highlights the skilled craftsmanship and attention to detail that went into the coin's production. ### Technical Specifications The technical attributes of the 5 Krónur Althing coin further add to its allure among collectors: - **Composition**: The coin is made of .925 fine silver, offering both aesthetic appeal and intrinsic value. - **Weight**: It weighs 22.00 grams, providing a substantial feel that collectors appreciate. - **Diameter**: Measuring 35.50 mm, the coin has a significant presence, allowing the detailed designs to be fully appreciated. - **Edge**: The coin features a reeded edge, adding a layer of security and sophistication to its design. ### Collectible Value The rarity and historical significance of the 5 Krónur Althing coin have made it a prized piece in the numismatic community. Since it was only minted in 1930, its limited production run enhances its desirability. Collectors are particularly drawn to its historical connections and the fine silver composition, which adds to its value. In the market, this coin can fetch a premium, especially in higher grades of preservation. The combination of historical importance, artistic design, and silver content make it a valuable addition to any collection focused on world coins or historical currency. When assessing its collectible value, factors like condition, provenance, and market trends play a crucial role. ### Conclusion The Iceland 5 Krónur Althing coin is not just a piece of currency; it is a celebration of Icelandic heritage and a testament to the nation's enduring democratic traditions. Its unique design, historical background, and limited issuance make it a standout piece in any collection. For numismatists and history enthusiasts alike, this coin represents a fascinating intersection of art, history, and culture, encapsulating the spirit of Iceland in a tangible form. Whether you are an avid collector or a history aficionado, the 5 Krónur Althing coin is a treasure that offers both aesthetic pleasure and a glimpse into the rich tapestry of Icelandic history.

[SEO TITLE]: Discover the Iceland 5 Krónur Althing Coin: A Rare 1930 Silver Treasure [SEO DESCRIPTION]: Explore the unique 1930 Iceland 5 Krónur Althing coin. [KEYWORDS]: Iceland coin, 5 Krónur, Althing, 1930, silver coin, Icelandic currency, collectible coin

Introduction

The 5 Krónur (Althing) coin from Iceland is a remarkable piece of numismatic history that captures the essence of Icelandic culture and heritage. Minted in 1930, this silver coin stands out not only due to its limited issuance but also because of its intricate design that celebrates the thousand-year anniversary of the Althing, the oldest surviving parliament in the world. This article delves into the fascinating aspects of this coin, exploring its historical roots, design intricacies, and its place in the world of coin collecting.

Historical Background

The 5 Krónur Althing coin was issued in 1930 to commemorate the millennium of the Althing, the national parliament of Iceland, which is one of the oldest legislative assemblies still in operation. The Althing was established in 930 AD at Þingvellir, marking a significant milestone in the governance and democratic traditions of Iceland. The coin was a part of Iceland's efforts to celebrate and honor this historical institution, reflecting the nation's pride in its political heritage. This particular coin was struck for a single year, which makes it highly sought after by collectors and historians alike. It represents not only a numismatic treasure but also a piece of Icelandic history, encapsulating the spirit of a nation with deep-rooted democratic traditions.

Coin Images

Coin obverse image Obverse

Coin reverse image Reverse

Design Features

The design of the 5 Krónur Althing coin is a testament to Iceland's rich cultural symbolism. On the obverse, the coin features Ulfliot the legislator standing, a significant figure in Icelandic history credited with organizing the Althing. Ulfliot is depicted in a dignified stance, symbolizing his role in laying the foundation of the Icelandic legal system. On the reverse, the coin showcases an intricate interlacing of Dreki the dragon and Gammur the eagle. This design is steeped in Norse mythology and symbolism, with the dragon and eagle representing strength, protection, and wisdom. The artistry of the reverse design highlights the skilled craftsmanship and attention to detail that went into the coin's production.

Technical Specifications

The technical attributes of the 5 Krónur Althing coin further add to its allure among collectors:

Composition: The coin is made of .925 fine silver, offering both aesthetic appeal and intrinsic value.
Weight: It weighs 22.00 grams, providing a substantial feel that collectors appreciate.
Diameter: Measuring 35.50 mm, the coin has a significant presence, allowing the detailed designs to be fully appreciated.
Edge: The coin features a reeded edge, adding a layer of security and sophistication to its design.

Collectible Value

The rarity and historical significance of the 5 Krónur Althing coin have made it a prized piece in the numismatic community. Since it was only minted in 1930, its limited production run enhances its desirability. Collectors are particularly drawn to its historical connections and the fine silver composition, which adds to its value. In the market, this coin can fetch a premium, especially in higher grades of preservation. The combination of historical importance, artistic design, and silver content make it a valuable addition to any collection focused on world coins or historical currency. When assessing its collectible value, factors like condition, provenance, and market trends play a crucial role.

Conclusion

The Iceland 5 Krónur Althing coin is not just a piece of currency; it is a celebration of Icelandic heritage and a testament to the nation's enduring democratic traditions. Its unique design, historical background, and limited issuance make it a standout piece in any collection. For numismatists and history enthusiasts alike, this coin represents a fascinating intersection of art, history, and culture, encapsulating the spirit of Iceland in a tangible form. Whether you are an avid collector or a history aficionado, the 5 Krónur Althing coin is a treasure that offers both aesthetic pleasure and a glimpse into the rich tapestry of Icelandic history.

Iceland 10 Krónur (Althing)

Germany (1871-1948) 5 Reichsmark (Meissen)

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