Iceland (proposed, 1914)
Iceland didn’t have a flag before 1915. The locals back then flew an unofficial blue and white Nordic cross known as the Hvítbláinn (“white-blue”) but the king refused to endorse it because it was too similar to the flag of Greece. In 1914, the Althing came back with two proposals, one of which was the current flag and one of which was the flag shown above.
I like this design a lot but boy is it ever… icy. I mean it really makes Iceland look like a cold ass place. It’s interesting to think what would have happened if it had been adopted though. Presumably Finland would have chosen something different when it picked its flag a few years later.