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Stack's Bowers & Ponterio
January 2022 NYINC Auction  14-16 Jan 2022
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Lot 20321

Starting price: 4500 USD
Price realized: 10 000 USD
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ICELAND. Landsbanki Islands. 50 Kronur, 1928 (ND 1929). P-25. PMG Gem Uncirculated 65 EPQ.
A jaw dropping Gem example of this Iceland 50 Kronur note. Just three examples of this Pick number are available to collectors in PMG holders: this Gem and two VF 30 notes. King Christian X of Denmark is depicted at left in a side facing portrait within a gilded gold frame. Christian X ruled Denmark from May 14th, 1929 to April 20th, 1947, and Iceland up until the founding of the Republic of Iceland in June of 1944, when Iceland voted to sever all ties with the King of Denmark. The reverse of the note shows a seated Viking woman at center, with a shield and sword in hand. The intricate designs at left and right of the Viking woman look as if they were pulled directly from a Viking Longhouse. For those Icelandic and Danish collectors seeking the finest available material, this top pop 50 Kronur is sure to draw attention. PMG Pop 1/None Finer.

Estimate: $7500 - $10000
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