1 Eyrir

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.