Island Kronur

Discussion in 'What's it Worth' started by atmos, Sep 14, 2005.

  1. atmos

    atmos New Member

    In addition to my last thread, I have a couple more coins i'd like to know more about. I can't imagine them being worth much, because of the fairly recent date, although you can never be too sure.
    any information, as always, would be much obliged.

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  3. atmos

    atmos New Member

    Also, on the coin dated: 1925, there are incriptions on both the bottom left and right corners that read - - "HCN", and on the right inscription there is a heart, followed by the initials "GJ."

    these incriptions are not on the coin dated: 1940.
     
  4. kvasir

    kvasir Show me the Money**

    I don't have access to my reference until I get home but I can tell you right off my head that they are Icelandic crowns (Krónur). They bare the monogram of Danish King Christian X (1870-1947, reigned 1912-1947), and I assume the R stands for Rex ("king" in latin). Already a danish dependency, Iceland recognised Danish Monarchy as sovereign through the Act of Union in 1918, and Iceland did not become independent until 1947 as a republic. The obverses show the emblem that is already similar to the current Icelandic flag design. The crest features a royal crown above the shield because Iceland was then a monarchy. The present emblem still features the same shield minus the crown.
     
  5. satootoko

    satootoko Retired

    Both coins are aluminum-bronze.

    The 1925 is KM#4.1, mintage 126,000. The heart is the mintmark of the Copenhagen Mint. HCN = Hans Christian Nielsen, Mintmaster from 1919-27, and GJ = Knud Gunnar Jensen, who was the Moneyer from 1901-33.

    Krause values it at $7.50 F, $12.50 VF, $40 XF and $215 Unc.

    Mintage of the 1940 (KM#4.2) was 546,000, and values are 75¢ F, $1.50 VF, $3.50 XF and $10 Unc.
     
  6. atmos

    atmos New Member

    Thanks a bunch Satootoko. I didn't suspect them to be worth much, and I assume that the different prices signify the coins condition, correct?
    again, thank you very much. although it may not be worth much, it's still kind of cool to have. :]
     
  7. satootoko

    satootoko Retired

    US coin grading standards run from Poor through Good, Very Good, Fine (generally the lowest decent looking grade), Very Fine, eXtra Fine, About Uncirculated, Uncirculated (or MS followed by a number 60-70), to Brilliant (or Gem) Uncirculated (generally MS65 or better).
    Spoken like a true collector. :cool:
     
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