Iceland: 500 Krónur “1st Settlement” Silver Coin 1974

Description

House of Emirates® is proud to present its elite clientele with an extraordinary numismatic treasure of Nordic heritage and historical depth: the Iceland Republic 1974 – 500 Krónur “1st Settlement” Silver Coin, a prestigious commemorative issue struck to honor the foundation of the Icelandic nation and its legendary Viking origins.

This magnificent silver coin was issued in 1974 to mark the 1100th anniversary of the First Settlement of Iceland (874–1974), a defining milestone in Icelandic history. Minted by the Royal Mint to exceptional standards, this piece is composed of .925 fine silver, weighing 20.15 grams with an impressive 35 mm diameter, offering both substantial presence and refined artistry. With a strictly limited mintage of only 70,000 pieces worldwide, it stands as a highly desirable collectible for discerning investors and advanced collectors alike.

The obverse design is rich in symbolism, depicting a Viking settler riding a bull, an evocative representation of Ingólfur Arnarson and the courage, endurance, and pioneering spirit that shaped Iceland’s early civilization. The dates 874 – 1974 are prominently displayed, anchoring the coin firmly in its commemorative purpose. The reverse showcases a striking quartered shield, each segment illustrating powerful Norse motifs, including mythological guardians and Viking iconography, encircled by the inscription “500 FIMM HUNDRUÐ KRÓNUR – ÍSLAND.” The artistry reflects the deep cultural identity of Iceland and its enduring connection to Norse mythology.

Preserved in UNC (Uncirculated) condition, this coin exhibits sharp details, lustrous surfaces, and exceptional eye appeal, making it a standout example of Icelandic modern silver coinage. It is fully cataloged and internationally recognized under KM 20, Schön 23, and SIEG 105, further enhancing its credibility and desirability in the global numismatic market.

Whether acquired as a historical artifact, a precious metal investment, or a centerpiece of a world coin collection, the Iceland Republic 1974 500 Krónur First Settlement Silver Coin represents a powerful fusion of history, craftsmanship, and intrinsic value. A true testament to Iceland’s Viking legacy, this coin is an elite addition worthy of the most refined collections.