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1 Eyrir
| Issuer | Iceland |
|---|---|
| Year | 1946-1966 |
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| Reference(s) | KM#8, Schön#11, SIEG#3 |
| Obverse description | The Icelandic coat of arms, depicting a quartered shield charged with a white cross on red, is centrally positioned and surrounded by a wreath of laurel branches tied with a bow at the base. The date of issue appears above the shield in the upper field. The design is rendered in low relief with clean, precise engraving characteristic of mid-twentieth century Scandinavian coinage. |
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| Reverse script | Latin |
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| Additional information |
Iceland's eyrir denominations were rendered functionally obsolete by inflation well before the series officially ended. By the mid-1950s, a single eyrir purchased nothing — yet the mint continued production through 1966, largely to satisfy accounting conventions and complete sets for the central bank. Hoards of unissued examples entered the collector market decades later, which explains why uncirculated survivors are far more plentiful than the modest annual mintages might suggest.