Order of the Falcon the left shoulder. In summary: If a holder is promoted to a higher rank, the lower rank's insignia must be returned. The insignia is retained during the recipient's lifetime, but it must be returned to the Icelandic Government upon his or her death. Order of the Falcon The Order of the Falcon () is the only Order of Chivalry of Iceland, founded by King Christian X of Denmark and Iceland on 3 July 1921. The award is awarded for merit for Iceland and humanity and has five degrees. Nowadays, appointments are made on the nomination of the President of Iceland
Order of Saint-Charles the necklet. The badge is sometimes worn attached to this collar instead of the sash. The Grand Officer wears a badge and a star. The Star of the Order of St. Charles is made of silver. The badge of the Order of St. Charles is worn on a chest ribbon with rosette or on a bow. The star is worn on the right side of the chest. The Commander of the Order of St. Charles wears the badge on a ribbon around the neck or on a bow on the left shoulder. The Officer of the Order of St. Charles