Catalog
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| Issuer | Central Bank of Iceland |
|---|---|
| Year | 1970-1974 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 0.449 g |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 1971 |
| Reverse description | The denomination numeral '10' and the inscription 'AURAR' are displayed at the centre of the field, flanked on left and right by stylised sprays of pubescent birch (Betula pubescens), the only endemic tree of Iceland, rendered in fine relief. The country name 'ÍSLAND' appears as a legend completing the design. |
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| Additional information |
Iceland's shift to aluminium-magnesium for this denomination in 1970 reflected the same inflationary pressures squeezing small-denomination coinage across Scandinavia during that period — rising metal costs had made the previous bronze composition economically indefensible for a coin worth so little. The aurar itself was already a dying unit; by 1981, Iceland's króna revaluation at 100:1 rendered the entire aurar series obsolete overnight.