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This coin from Iceland (KM#27a), with a face value of 1 Krona, is made of nickel coated steel, weighs 4.00 grams, and has a diameter of 19.79mm with a reeded edge. The front depicts a giant facing forward, and has the denomination in words along the top ("EIN KRÓNA") and the country ("ÍSLAND") and mintage year ("1992") along the bottom. The reverse has an image of a codfish with the denomination in number form ("1 KR") above. 5,000,000 such coins were produced in 1992, and according to the Standard Catalog of World Coins, they are worth US$0.75 in Uncirculated condition and US$1.50 in Brilliant Uncirculated condition.

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