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New 10,000 kr. banknote
The Central Bank of Iceland has long been working towards the issuance of a new 10,000 kr. banknote. The Bank introduced the 10,000 kr. note at its Annual General Meeting in the spring of 2010, and the 2012 Annual Report included a description of the preparatory work relating to the issue. The purpose of the 10,000 kr. banknote is to facilitate and streamline payment intermediation in Iceland. The note was designed by Krist?n ?orkelsd?ttir and Stephen A. Fairbairn. It was put into circulation on Thursday 24 October.
The banknote and the graphic theme
The banknote is dedicated to poet J?nas Hallgr?msson, one of the founders of the periodical Fj?lnir. The note contains various references to J?nas’ work as poet, Icelandic scholar, essayist, and naturalist. Its main colour is blue, and it measures 70 x 162 mm.
On the front of the banknote is a picture of J?nas Hallgr?msson, H?afjall, and Hraundrangi. The images of H?afjall and Hraundrangi are formed from Icelandic words coined by J?nas, an active and important creator of new words. New words coined by J?nas Hallgr?msson can be found on the Central Bank website. The pattern below the amount on the note is created from the design on the cover of Fj?lnir, as are the patterns on the security thread and the threads and designs on the front. Lines from J?nas’ poem “Fer?alok” [Journey’s End], written in his own hand, are printed on the note. The outlines of the mountain Skjaldbrei?ur, shown in perspective, form the basic design on both sides of the note.
On the reverse side is J?nas’ pencil drawing of Skjaldbrei?ur, from his stopping place at Ne?ri-Brunnar, and a winter photograph of the snow on the mountain. The outlines of Skjaldbrei?ur are superimposed on the picture in perspective. Images of plovers and scallops are there as well. The lines of the poem, written in J?nas’ hand, are from the first verse of his “Fjalli? Skjaldbrei?ur” [Mt. Skjaldbrei?ur]. References to the design of the cover of Fj?lnir can be found in the security threads and elsewhere on the note.
Security features and Optiks
The security features of the new 10,000 kr. note are virtually the same as those on other Icelandic banknotes. The main difference is that in place of the security thread and metal foil is a new security feature called Optiks. Optiks is actually multi-dimensional, as it is composed of several security features. Optiks is an 18-mm wide thread with a see-through window. It contains a repeating image of a flower and the text “10000 KR?NUR”, which can be seen when the note is held up to the light. The thread contains two fluorescent bands that are visible under ultraviolet light.
Security features of the 10,000 kr. banknote
Press release no. 31/2013 – Issuance of 10,000 kr. banknote
Press release no. 36/2013 - New 10,000 kr. banknote in circulation
