KM#2 Iceland 10 Aurar 1940 – Low Mintage 1.5 Million – Danish Rule

Main Description:

Struck under Danish rule during the reign of Christian X, this 10 Aurar coin from 1940 was minted in Copenhagen for use in Iceland. Made of nickel-brass, it represents a significant wartime issue during a period of geopolitical transition. Documented mintage of only 1,500,000 (Numista, KM#2).

• KM#: KM#2  
• Country/Period: Iceland — under Danish rule  
• Ruler: Christian X  
• Denomination: 10 Aurar  
• Year/Date: 1940  
• Mint: Copenhagen, Denmark  
• Composition: Nickel-brass  
• Weight: 3.7 g  
• Diameter: 20 mm  
• Thickness: —  
• Edge: Plain  
• Shape: Round  
• Alignment: Medal  
• Mintage/Print run: 1,500,000 (Numista, accessed Nov 2025)  

The coin shows moderate circulation wear, especially on the high points of the crown and shield. Reverse legends are fully legible. No cleaning evident.

Ships protected in a coin flip/capsule and padded mailer. 30-day returns.

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Act now—documented low mintage of 1.5M and key issue from Iceland’s wartime series.

Why Buy (4–6 concise bullets):

• Issued under Danish rule during WWII-era Iceland

• Low mintage of 1,500,000 (Numista, KM#2)

• Minted in Copenhagen, adding historical significance

• Popular type for Icelandic and Scandinavian coin collectors

• Compact, attractive design with crowned Danish shield

• Great piece for type sets or educational collections

Sources & Citations:

Sources:  
• Numista (entry: Iceland 10 Aurar 1940, KM#2) — accessed Nov 12, 2025  
• Krause Standard Catalog of World Coins, 20th Century (2006 edition)