500 Krónur ISL Banknote (Modern Krona Issue) 2001

500 Krónar Krona (Issued 2001)

The 500 Krónar note from Iceland’s 2001 modern banknote series presents a distinctly pale rose-pink colouration across both sides, with the paper exhibiting the crisp, slightly textured quality characteristic of contemporary currency production from the early 2000s. The denomination appears substantial in both physical presence and numerical value, reflected in the generous sizing and prominent typography throughout the design. The overall condition and colour saturation indicate a note produced during a period when Iceland’s Central Bank had refined its security printing techniques to international standards. This banknote represents the currency framework of Iceland during the height of the nation’s pre-crisis economic period.

On the front, a formal portrait dominates the centre-left composition, rendered in the deep rose-red intaglio engraving style typical of high-security currency production. The subject is depicted as a mature gentleman wearing formal nineteenth-century attire, including a dark jacket, white shirt front, and bow tie, positioned in a three-quarter seated pose with his hand resting contemplatively on a table. The portrait is framed by an intricate, symmetrical border of rococo-style scrollwork and guilloché patterning in matching rose tones. The denomination “500” appears in large, outlined numerals in the top left and top right corners, whilst the text “FIMM HUNDRUD KRÓNUR” (Five Hundred Krónar in Icelandic) is centred in capital letters on the right side. Below this, the issuing authority “SEÐLABANKI ÍSLANDS” (Central Bank of Iceland) is printed in burgundy text on the lower left. The date “22 MÁI 2001” and reference number “SAMKVÆMT LÖGUM NR. 36” appear in smaller text, alongside what appears to be authorisation signatures. A security thread is visible running vertically through the design, and the serial number “D2103625I” is printed in the lower sections of the note. The overall engraving demonstrates considerable fineness in the cross-hatching and fine linear detail throughout the background.

The reverse features a deeper crimson-red palette with a secondary portrait of the same historical figure, this time depicted seated at a desk in the act of writing or studying, positioned three-quarters to the left. Behind him stands an oil lamp with a glowing chimney, rendered in lighter tones that create striking contrast against the rich red background. To the right of the figure, an architectural element appears—a simplified representation of a building in pale tone. The entire background is filled with a sophisticated geometric pattern of repeating motifs in varying depths of red, creating a layered, three-dimensional visual effect. Large denomination numerals “500” appear in the top right and bottom left corners in outlined lettering. The overall design demonstrates advanced security printing techniques with its complex layering and colour gradation, whilst the architectural and domestic imagery suggests themes of Icelandic culture, learning, and governance.

Webuyallcurrency.com buys foreign coins and banknotes for cash, including this 500 Krónur ISL banknote from Iceland. Send it in with any other Icelandic Kronur banknotes you have and we will handle the exchange in a single straightforward process.

• Indicate the quantity of 500 Krónur Krona banknotes you want to exchange
• Click the ‘Add to your account’ button
• Your online account now shows the exchange value

Webuyallcurrency.com buys and exchanges foreign currency of every kind, so your Icelandic Kronur banknotes — withdrawn or current — can be sold for cash together with the rest of your leftover coins and notes.