The coat of arms of the Kingdom of Iceland from 1919 to 1944 and royal monogram of King Christian X monogram (King Christian X Rex) topped with a crown.

Mintmaster's initial: HCN (Hans Christian Nielsen, 1919-1927) or N (Niels Peter Nielsen, 1927-1955).

The heart (♥) is the Royal Danish Mint mark (h, Copenhagen). The use of the heart is a century-old tradition, originally indicating the mint master, later the place of minting.

Moneyers initial: GJ (Knud Gunnar Jensen, 1901-1947).

Face value at the center, with ornaments to left and right.