1974 Iceland 2-Coin Silver Proof Set – 1100th Anniversary of the Settlement of Iceland

Celebrate 1,100 years of Icelandic history with this 1974 two-coin silver proof set, commemorating the first Norse settlement of Iceland in 874 AD. Issued in 1974, the set honors the island’s Viking heritage, early settlers, and distinctive national mythology.

The set contains two sterling silver proof coins: the 500 Krónur and 1,000 Krónur. Both feature detailed designs reflecting Iceland’s settlement history and cultural traditions.

The 500 Krónur coin depicts a woman with a cow, representing the agricultural foundations of early Icelandic life. The 1,000 Krónur coin features two Vikings gathered around a fire. Both coins incorporate Iceland’s four traditional guardian spirits—the bull, eagle, dragon, and giant—symbols associated with the protection of the island.

Set Specifications:

• Country: Iceland

• Year: 1974

• Set Type: Two-Coin Silver Proof Set

• Commemorative Theme: 1100th Anniversary of Iceland’s Settlement

• Catalog Reference: KM#PS2

• Mint: Royal Mint, Llantrisant, Wales

Coins Included:

500 Krónur

• Composition: 92.5% silver

• Weight: 20 grams

• Diameter: Approximately 35 mm

• Actual Silver Weight: Approximately 0.5968 troy oz

1,000 Krónur

• Composition: 92.5% silver

• Weight: 30 grams

• Diameter: Approximately 39 mm

• Actual Silver Weight: Approximately 0.8922 troy oz

Combined Silver Content: Approximately 1.489 troy ounces of pure silver.

Struck in proof quality, these coins feature carefully prepared surfaces and detailed designs. This historic set is an excellent addition to world silver collections, Viking-history collections, and commemorative coin sets. Original packaging may vary depending on the set offered.