Watch List notes:

ICELAND. Islands Banki. 10 Kronur, 1904. P-11. PMG Very Fine 30 Net. Rust.
Printed by G&D. One of just eight examples graded by PMG for this elusive type. Depicted at left is King Christian IX of Denmark, while the reverse displays an eagle. PMG comments "Rust."

Estimate: $750 - $1250