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1000 Kronur 1981, Iceland

in Krause book Number: 46a
Years of issue: 1974 - 1984
Signatures: Johannes Nordal, Guðmundur Hjartarson, 1974 - 1984
Serie: 29 March 1961 Issue
Specimen of: 1961
Material: Cotton fiber
Size (mm): 161 х 70
Printer: Bradbury, Wilkinson & Company Limited, New Malden

* All pictures marked magnify are increased partially by magnifying glass, the remaining open in full size by clicking on the image.

** The word "Specimen" is present only on some of electronic pictures, in accordance with banknote images publication rules of appropriate banks.

1000 Kronur 1981




Sveinn Björnsson (27 February 1881 - 25 January 1952), son of Björn Jónsson (editor and later minister) and Elísabet Sveinsdóttir, was the first President of the Republic of Iceland (1944-1952).

He became a member of Reykjavík town council in 1912 and was its president during 1918-1920.

Born in Copenhagen, Denmark, he was a member of the Althing in 1914-1916 and 1920, and after Iceland's independence from Denmark in 1918 he acted as minister to Denmark during 1920-1924 and 1926-1940.

Although Iceland had become a sovereign state in 1918, its foreign affairs had been conducted by Denmark until the beginning of World War II. The German occupation of Denmark after May 1940, however, resulted in Iceland's autonomy and Sveinn was elected Regent of Iceland three times during 1941-43, assuming all the prerogatives in Icelandic affairs previously held by the Icelandic king, Christian X, who was also King of and resided in Nazi occupied Denmark. In July 1941, United States troops entered Iceland on the invitation of Sveinn's government and remained, in reduced numbers, after the war; their continued presence provoked the main controversy of the nation's postwar foreign policy.

He was elected president by the Althing on the inauguration of the Republic of Iceland in 1944. His first term was only one year, since the people of Iceland were to elect their president directly for the first time in 1945. However, Sveinn was unopposed in 1945 and 1949. He died in Reykjavík in January 1952, more than one year before his third term of office was due to expire and is the only president to die in office.

Sveinn was one of the founders of Eimskipafélag Íslands, the main shipping company in Iceland, in 1914 and its chairman 1914-1920 and 1924-1926. He was the founder of the insurance company Brunabótafélag Íslands and its director from its foundation in 1916 until 1920. He was also one of the founders of the insurance company Sjóvátryggingafélag Íslands in 1918 and its chairman in 1918-1920 and 1924-1926. Sveinn was one of the founders of the Icelandic Red Cross on 10 December 1924 and its first chairman, serving until 1926.


1000 Kronur 1981

Jón Sigurðsson

The engraving on banknote is made after this image of Jón Sigurðsson.

Jón Sigurðsson (June 17, 1811 - December 7, 1879) was the leader of the 19th century Icelandic independence movement. Jón's way of communicating with the Icelandic nation from Denmark where he lived was to publish an annual magazine called Ný félagsrit (New Association Writings). It was published almost every year from 1841 to 1873 with Jón always being the main contributor and financial backer. He is often referred to as President ("Jón forseti") by Icelanders. The main reason for this is that since 1851 he served as President of the Copenhagen Department of Hið íslenska bókmenntafélag (the Icelandic Literature Society). He was also the president of Althing several times, for the first time in 1849.


Lower, centered, is Alþingishúsið.

Alþingishúsið (The Parliament House) is a classical XIX century structure which stands by Austurvöllur in central Reykjavík, Iceland. It houses Alþingi, the Icelandic parliament. The building was designed by Danish architect Ferdinand Meldahl and built using hewn dolerite during 1880 to 1881.

It has also housed the Icelandic National Library and Antiquaries Collection, and later the Icelandic National Gallery. The University of Iceland used the first floor of the house from 1911 to 1940, and the President of Iceland had his offices in the building until 1973.

Today, only the debating chamber, a few small meeting rooms and the offices of some of the senior parliamentary staff are actually located in Alþingishúsið. Committee meeting rooms, parliamentarians’ offices and most of Alþingi's secretariat are located in other buildings in the area around Austurvöllur. There are currently plans to build a new building to house these offices and meeting rooms in the area immediately to the west of Alþingishúsið, where there is today a parking lot and a few smaller buildings currently being used by Alþingi and which will be incorporated into the new building.

Denominations in numerals are in three corners. Centered in words.


1000 Kronur 1981

Þingvellir Þingvellir

Þingvellir (Thing Fields) is a place in the administrative district of Bláskógabyggð in southwestern Iceland, near the Reykjanes peninsula and the Hengill volcanic area. Þingvellir is a site of historical, cultural, and geological importance and is one of the most popular tourist destinations in Iceland. It lies in a rift valley that marks the crest of the Mid-Atlantic Ridge. It is at the northern end of Þingvallavatn, the largest natural lake in Iceland.

Parliament or Alþingi ("Althing" in English) was established at Þingvellir in 930 and remained there until 1798. Þingvellir National Park was founded in 1930, marking the 1000th anniversary of the Althing. It was later expanded to protect natural phenomena in the surrounding area, and became a World Heritage Site in 2004.

Þingvellir became a national park as a result of legislation passed in 1928 to protect the remains of the parliament site by creating the first national park in Iceland, decreed "a protected national shrine for all Icelanders, the perpetual property of the Icelandic nation under the preservation of parliament, never to be sold or mortgaged.

Þingvellir was the centre of Icelandic culture. Every year during the Commonwealth period, people would flock to Þingvellir from all over the country, sometimes numbering in the thousands. They set up dwellings with walls of turf and rock and temporary roofing and stayed in them for the two weeks of the assembly. Although the duties of the assembly were the main reason for going there, ordinary people gathered at Þingvellir for a wide variety of reasons. Merchants, sword-sharpeners, and tanners would sell their goods and services, entertainers performed, and ale-makers brewed drinks for the assembly guests. News was told from distant parts; games and feasts were held. Young people met to make their plans, no less than leading national figures and experts in law. Itinerant farmhands looked for work and vagrants begged. Þingvellir was a meeting place for everyone in Iceland, laying the foundation for the language and literature that have been a prominent part of people's lives right up to the present day.

Þingvellir is notable for its unusual tectonic and volcanic environment in a rift valley.

The continental drift between the North American and Eurasian Plates can be clearly seen in the cracks or faults which traverse the region, the largest one, Almannagjá, being a veritable canyon. This also causes the often measurable earthquakes in the area.

Some of the rifts are full of clear water. One, Nikulásargjá, is better known as Peningagjá (lit. "coin fissure"), as its bottom is littered with coins. After being bridged in 1907 for the occasion of the visit of King Frederick VIII of Denmark, visitors began to throw coins in the fissure, a tradition based on European legends.

It is situated on the northern shore of Þingvallavatn, the largest natural lake of Iceland. The river Öxará traverses the national park and forms a waterfall at the Almannagjá, called Öxarárfoss. On the lake's northern shore the Silfra fissure is a popular diving and snorkelling tour location.

Þingvellir was designated a UNESCO World Heritage Site on cultural criteria. It may also qualify on geological criteria in the future, as there has been ongoing discussion of a possible "serial trans-boundary nomination" for the Mid-Atlantic Ridge, which would include other sites in the Atlantic such as Pico Island. Together with the waterfall Gullfoss and the geysers of Haukadalur, Þingvellir is part of a group of the most famous sights of Iceland, the Golden Circle.

In lower left corner is the seal of Landsbanki Islands.

coat iceland

It was used coat of arms of Iceland as seal of Bank.

The coat of arms of Iceland displays a silver-edged, red cross on blue shield (blazoned: Azure, on a cross argent a cross gules). This alludes to the design of the flag of Iceland. The supporters are the four protectors of Iceland (landvættir) standing on a pahoehoe lava block. The bull (Griðungur) is the protector of southwestern Iceland, the eagle or griffin (Gammur) protects northwestern Iceland, the dragon (Dreki) protects the northeastern part, and the rock-giant (Bergrisi) is the protector of southeastern Iceland. Great respect was given to these creatures of Iceland, so much that there was a law during the time of the Vikings that no ship should bear grimacing symbols (most often dragonheads on the bow of the ship) when approaching Iceland. This was so the protectors would not be provoked unnecessarily

Denominations in numerals are in lower right and top left corners.


Designer: Halldór Pétursson (1916-1977).


An article in an Icelandic newspaper, dated November 14, 1982, about a series of banknotes and coins.