It has been a national tradition for hundreds of years to throw coins into Peningagjá (Money fault) and make a wish. This fault was earlier called Nikulásargjá, but changed its name due to this tradition.
There are a myriad of coins in Peningagjá and some tourists have been tempted to try to collect money from there, which is absolutely forbidden (who wants to steal someone's wishes?)
and extremely dangerous, as the water is deadly cold, meaning that it would result in death if one is not rescued in time. The water is very clear and up to 25 metres deep and on a sunny day it is a mesmerizing sight watching the coins sink.
It is said that you will get your wish if you can watch the coin until it reaches the bottom.