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Message:: [QUOTE="Siggi Palma, post: 1112986, member: 18255"]The biggest problem with the Icelandic coins is the lack of information regarding it´s history and rarity of specific coins. But the little information that has come out from Iceland is lost in translation in European languages. So here are some facts for those who like to read on foreign coins and history  Kingdom era (1922-1942) 2 Krónur (1925-1940)<img src="http://i233.photobucket.com/albums/ee209/siggipalma/4-11.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />  Iceland minted its first coin in the year 1922 and most of the coins from the kingdom era are very easy to find even with it´s rarer dates and varieties like the 1929 2 Krónur (77.000 minted) and the 1925 2 Krónur (126.000 Minted) But when it comes to grades these coins are extremely hard to find in UNC BU condition. Most Icelanders at the time were poor and 2 Krónur was a large amount of money. About ¼ of the price of a sheep. So to take a 2 Krónur coin and put it in your collection was something that majority of Icelanders just couldn’t afford to do. When you look at catalogs like Krause you will see that the 1929 2 Krónur is priced higher then it´s brother the 1925 one. That would make sense as the mintage of the 1929 is half of 1925. But from what I have gathered trough investigation and experience is that the 1925 is harder to find in BU UNC grade and only a handful are known to exist. I know of 3-5 pieces that exist in public collections but mind you I have 2 confirmed that I have seen and one is mine. Catalogs prices are not realistic. It´s understandable as few have been seen and fewer have been seen on public auctions.  1 Krónur (1925-1940) <img src="http://i233.photobucket.com/albums/ee209/siggipalma/19251.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />  The 1 Krónur was first minted in 1925 and these coins have the same basic rules in rarity as the 2 Krónur. The prices are off as well in catalogs. Out of hundreds of 1 krónur 1925 and 1929 I have only found one that was AU and that was a 1925 piece. This coin you can see above came from the same collection as the 2 Krónur 1925. A unknown collector had these coins and they were not known by collectors. I often said I would not collect coins from the kingdom era as they were so hard to find in BU UNC. But I was proven wrong. So the gems are still out there. 10 Aurar (1922-1942) <img src="http://i233.photobucket.com/albums/ee209/siggipalma/10-2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> The 10 Aurar 1922 was the first Icelandic coin. Most early dates are hard to find in UNC BU. But particularly hard are the dates 1929-1936. One of the other interesting facts is that the coins from 1942 were minted in zinc and as most of you know that have owned coins in zink they tent do oxidise. This is no different with these Icelandic coins. And to find one that does not have this oxidization is extremely rare. <img src="http://i233.photobucket.com/albums/ee209/siggipalma/z.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]

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