It is the work of the German painter J. B. Zwecker, who drew it to specifications provided by Eiríkur Magnússon , one of the translators. Eiríkur described the picture in a letter to Jón Sigurðsson (11 April 1866)
Since the establishment of the Icelandic republic in 1944 the reading of a poem by "The Lady of the Mountain" on the national holiday ( 17 June ) has been a tradition. And our teacher was once the woman of the mountain.