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500 Krónur Seðlabanki Íslands

Issuer Seðlabanki Íslands (Central Bank of Iceland)
Year 1968-1980
Type Standard circulation banknote
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Obverse description Green intaglio print on lilac and multicolour underprint with fine guilloche patterning. Portrait vignette of Hannes Hafstein, Iceland's first government minister and noted poet, positioned at left, with a reserved watermark field occupying the right portion of the note. Denomination numerals appear in each corner, and the issuer's name SEÐLABANKI ÍSLANDS is inscribed across the upper portion.
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Protection type Watermark
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Comments

Bradbury Wilkinson printed this series across a twelve-year window, with individual notes dated by hand or by the issuing bank rather than at press — a span long enough that paper batches and ink formulations visibly shifted between early and late examples. The series preceded Iceland's major currency reforms of the early 1980s, which replaced the króna at a rate of 100 old to 1 new, rendering the entire P#45 run obsolete almost overnight.

Designer Ragnar Lárusson worked on several Seðlabanki commissions during this period. Bradbury Wilkinson's New Malden facility was handling sovereign commissions across multiple continents simultaneously, and Icelandic orders were relatively modest in volume.

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