First off, I have to say, this is one of my favorite coins of all time. This is for the photographed 1930 Iceland 5K (Five Kronur). Slabbed and graded by NGC MS65 (Grade). Absolutely stunning coin design. Amazing and rare collectible. Commemorating the 1,000th anniversary of Althing, the Icelandic Parliament, the oldest legislative body in existence.
This coin is a part of a series of three in 1930. They are considered, in Iceland, as "semi-official". It was not the Icelandic government which asked for the strike of these coins, but a parliamentary committee. According to the history, the coins of 2, 5 and 10 Krónur, only the 2 Krónur was able to serve sometimes as means of payment.
1930 Iceland 5K, NGC MS65, 1000th Anniversary Althing - Stunning Coin; Only 20,000 Made, Very Rare - Iceland 5 Kronur 1930 Althing Mil