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The Iceland 10 Kronur Banknote was issued by the Central Bank of Iceland in 1981 under the 1961 law. The blue banknote features scholar Arngrimur Jonsson Iaeroi in a ruffled collar and cape, holding a book. The reverse depicts an old Icelandic family gathered around the fire reading a book. It also displays household items. The note has a solid security thread and a watermark that reveals Jon Siguroson. It measures 130 x 70 mm and is signed by Georg Olafsson and J. Nordal. This particular banknote has been graded 68 by the Paper Money Guaranty.