Let's start with a review of the electrical signals defined by the ISO standard.
Now let's talk a bit about the protocol on this I/O pin. Right after reset, the card sends a block of data called the Answer to Reset (ATR); this is documented in section 2.3.4 of the standard. The baud is specified as being the input clock frequency divided by exactly 372. The other parameters are: 8 bits, even parity and one stop bit.
Assuming we want to work at a baud of 9600 (fairly typical baud for PC serial ports), this means we need an input frequency of 3.5712 MHz. While there's crystals out there that provide this frequency, I don't have one and I don't have a signal generator either. So I had to improvise.
I had laying around an Altera UP2 development board with a 25.175 MHz crystal. This is an educational board with a CPLD and an FPGA (programmable logic chips); I also happened to have a working copy of Quartus usable to create designs for the chips. I basically used a binary counter as a frequency divider from the main 25.175 MHz clock. In the end, it looked something like this:
Don't be deceived by the large board; it's just an oversized clock generator.
At first, I tried using a divisor of 7, which adds up to a baud of (25.175 MHz / 7 / 372 = ) 9668. This is really close to 9600, and most serial port receivers tolerate a certain margin of error, but 9668 turned out to be too far off; data become garbled after the first few bytes. If I settled for an I/O baud of 1200 bps, the required clock for the smartcard would be only 0.4464 MHz. With a divisor of 56, I would get a baud of 1208 bps, which was close enough for the serial port. I was able to get an ATR:atr: read 8 bytes: atr: read 8 bytes: 3b b2 11 00 10 80 00 04
A quick Google search for this hex string quickly uncovered the identity of this smart card:
3B B2 11 00 10 80 00 04
Atmel memory card AT88SC0404C
http://www.atmel.com/dyn/resources/prod_documents/doc5210.pdf
Aha! Luckily, the datasheet is fairly explicit regarding the command set of the chip. But you'll have to wait until next time to see what happened when I started poking commands at it.