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50 Aurar
| Issuer | Central Bank of Iceland |
|---|---|
| Year | 1969-1974 |
| Type | Log in to see details |
| Value | 50 Aurar (0.50 ISJ) |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The denomination '50 AURAR' is inscribed in the central field in two lines, with the numeral '50' prominently displayed above the word 'AURAR'. The country name 'ÍSLAND' appears as the upper legend arching across the top of the reverse. Flanking the central legend on both sides are stylized sprays of pubescent birch (Betula pubescens), Iceland's only endemic tree, rendered in fine botanical detail with characteristic ovate leaves. The overall design is clean and symmetrical, with the foliate motifs providing an ornamental frame to the denomination. |
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| Additional information |
Iceland's 50 aurar of this period circulated during a stretch of significant cod wars tension — Iceland unilaterally extended its fishing exclusion zone to 50 nautical miles in 1972, triggering the third and most acrimonious confrontation with British trawlers. The economy these coins moved through was heavily fisheries-dependent, with fish products accounting for the vast majority of export revenue.
The nickel brass alloy was a practical compromise adopted by several small nations in this era to reduce minting costs without resorting to aluminium.