Iceland Iceland 1 eyrir, 1946-1966

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keywords: Iceland, Iceland 1 eyrir, 1946-1966, 1 eyrir, coin collecting, numismatics, Iceland

Introduction

The Iceland 1 eyrir coin, minted from 1946 to 1966, holds a special place in the numismatic history of Iceland. This bronze coin reflects the evolving economic landscape of post-World War II Iceland and showcases the country's transition into a modern republic.

Historical Background

Issued by Iceland, this coin belongs to the Republic of Iceland series, spanning from 1944 to 1980. In the aftermath of gaining independence from Denmark in 1944, Iceland's new government undertook the issuance of its currency to establish national identity and sovereignty. The 1 eyrir coin played a crucial role in everyday transactions, symbolizing the nascent Icelandic economy's growth and stability.

Coin Images

Coin obverse image Obverse

Coin reverse image Reverse

Design Features

The obverse of the coin features the denomination "1 EYRIR" encircled by the inscription "ÍSLAND," reflecting the coin's Icelandic origin. The design, created by Stefán Jónsson, showcases intricate detailing and a unique artistic flair typical of Icelandic coinage. On the reverse side, a simple numeral "1" is centered, emphasizing the coin's value.

Technical Specifications

  • Composition: Bronze
  • Weight: 1.62 grams
  • Diameter: 15.10 mm This compact coin is a testament to the craftsmanship of Icelandic minting, with precise dimensions and a sturdy bronze composition that has withstood the test of time.

Collectible Value

The Iceland 1 eyrir coin holds both historical and collectible value for numismatists. While it may not carry high monetary worth, its significance lies in its representation of Iceland's numismatic history. Due to its limited mintage period, these coins are becoming increasingly rare and sought after by collectors interested in Icelandic currency and European numismatics.

Conclusion

In conclusion, the Iceland 1 eyrir coin from 1946-1966 stands as a tangible piece of Iceland's post-independence history. Its unique design, historical context, and modest collectible value make it a fascinating addition to any numismatist's collection. By preserving this coin, collectors can honor Iceland's numismatic heritage and appreciate the cultural significance encapsulated within its bronze composition.

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