Τώρα εμφανίζεται Ισλανδία - Γραμματόσημα (1920 - 1929) - 12 Γραμματόσημα.
1921 -1922
King Christian X - New Colours
WM: 3 Διάτρηση: 14 x 14½
![[King Christian X - New Colours, τύπος J16]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/J16-s.jpg)
![[King Christian X - New Colours, τύπος J17]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/J17-s.jpg)
![[King Christian X - New Colours, τύπος J18]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/J18-s.jpg)
![[King Christian X - New Colours, τύπος J19]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/J19-s.jpg)
![[King Christian X - New Colours, τύπος J20]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/J20-s.jpg)
| Νούμερο | Τύπος | D | Χρώμα | Περιγραφή |
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| 99 | J16 | 5aur | ΠΡΑΣΙΝΟ ΤΗΣ ΕΛΙΑΣ | (1,300,000) | 5,59 | 2,79 | 1,12 | - | USD |
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| 100 | J17 | 10aur | ΠΡΑΣΙΝΟ | (1,400,000) | 6,70 | 2,79 | 1,68 | - | USD |
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| 101 | J18 | 20aur | ΚΑΦΕ | (1,600,000) | 195 | 67,03 | 1,68 | - | USD |
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| 102 | J19 | 25aur | ΚΟΚΚΙΝΟ | (180,000) | 27,93 | 13,41 | 27,93 | - | USD |
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| 103 | J20 | 40aur | ΜΠΛΕ | (340,000) | 223 | 67,03 | 13,41 | - | USD |
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| 99‑103 | 459 | 153 | 45,82 | - | USD |
1921 -1922
Surcharged
WM: Κανένα Διάτρηση: 14 x 14½
![[Surcharged, τύπος K]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/K-s.jpg)
![[Surcharged, τύπος L]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/L-s.jpg)
![[Surcharged, τύπος M]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/M-s.jpg)
![[Surcharged, τύπος N]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/N-s.jpg)
![[Surcharged, τύπος O]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/O-s.jpg)
![[Surcharged, τύπος N1]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/N1-s.jpg)
![[Surcharged, τύπος O1]](https://www.stampworld.com/media/catalogue/Iceland/Postage-stamps/O1-s.jpg)
| Νούμερο | Τύπος | D | Χρώμα | Περιγραφή |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 104 | K | 5/16aur | ΚΑΦΕ | No.40 | (80,000) | 6,70 | 3,35 | 27,93 | - | USD |
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| 105 | L | 5/16aur | ΚΑΦΕ | No.55 | (180,000) | 3,35 | 1,12 | 6,70 | - | USD |
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| 106 | M | 10/5aur | ΠΡΑΣΙΝΟ | No.86 | (526,000) | 11,17 | 6,70 | 2,79 | - | USD |
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| 107 | N | 20/25aur | ΚΑΦΕ/ΠΡΑΣΙΝΟ | No.42 | (149,800) | 13,41 | 6,70 | 6,70 | - | USD |
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| 108 | O | 20/25aur | ΚΑΦΕ/ΠΡΑΣΙΝΟ | No.57 | (150,000) | 6,70 | 3,35 | 6,70 | - | USD |
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| 109 | N1 | 20/40aur | ΜΩΒ | No.43 | (80,000) | 11,17 | 6,70 | 16,76 | - | USD |
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| 110 | O1 | 20/40aur | ΜΩΒ ΚΟΚΚΙΝΟ | No.58 | (100,000) | 13,41 | 8,94 | 16,76 | - | USD |
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| 104‑110 | 65,91 | 36,86 | 84,34 | - | USD |
