Coin or medal? 1930 iceland 10 kronur 1930 Iceland 10 kronur. Is it a medal or a coin? It is listed in catalog of worlds most popular coins, but obv/rev is same side up.
It's a coin, although I would doubt that they circulated very much. A few countries, including Britain, tend to strike all coins, including circulation strikes with medal orientation.
thanks, can't wait 'till it gets here. unfortunately with the paypal money transfer lag it will probably be Tues. after the 4th of july.
Don't tell me that something that nice was sold on the fleaMarket? At any rate that is a nice catch, arguably one of the worlds best designed coins, minted by the Saxony State Mint. BTW it is a coin, and the inscriptions are on the edge of the coin.
i don't know that the distinction matters *all* that much -- it's an awfully cool piece either way -- but from what i've read, it's a coin. if you look at the edge, you'll see that it's been stamped with 10 kronur in value. thus, if you'd wanted to, you could have spent this piece in iceland. probably still could (though you'd be losing out on whatever transaction you used it in). the coin's alignment is of no matter. v.
Hehe. Actually there is a second topic about the same piece(s) here: http://www.cointalk.org/showthread.php?t=38652 Whether one was legally able to use that piece as a coin - well, maybe (see my reply "over there"). If it can be redeemed, which I doubt, it would be worth 10 aurar today, which is €0.0007878 or $0.0012408. Christian
"Under a law on the celebration of the millennium of the Althing in 1930 the government was permitted to issue a set of medals with embossed value. The law stipulated that the medals could be given validity as legal tender by a royal decree. This provision was never carried into effect." page 73, The Currency of Iceland, 2002 http://www.sedlabanki.is/uploads/files/TheCurrencyofIceland.pdf total mintage 10,101 i purchased a 2 kronur this morning at the ANA show in Baltimore because these are rarely seen. -Steve
Hey, thanks Drusus. The pic above is not mine (mine does not have drill marks in the sun and is in better condition) the one I have is in another post. The bay just had one go for like $85. Had a large rim ding and probably cleaned though. I would have bought that one as well if I had the $$$.
Officially, by the Icelandic government, this is a medal, subject to upgrade to legal tender by royal decree, which has never taken place. However, for me it's a coin because it does display a denomination. It's just not legal tender yet. I own two complete sets of these commemorative coins. To me the 10 Kronur is the most beautiful coin ever minted. The set was issued to commemorate the 1000th anniversary of the Althing, the Icelandic parliament. This is an achievement no other government on Earth can claim. The government of Iceland is to be commended for this achievement and for commemorating the event with such beautiful coins.
