¼ Penning ND

The ¼ Penning coin was used in Norway during the Middle Ages and was equivalent to one-fourth of a Norwegian penning, which was the standard unit of currency at the time. The coin was made of silver and had a distinctive design that featured a cross on one side and the king's name on the other. The ¼ Penning coin was used for everyday transactions and was a popular form of currency among the common people. It's interesting to note that the use of silver in the production of coins was a common practice during the Middle Ages, as it was a valuable and durable metal that was widely available. The use of silver in coins also helped to establish a standardized system of currency, which facilitated trade and commerce across different regions. Overall, the ¼ Penning ND (1170-1205) coin from Norway made of Silver is an interesting piece of history that provides insight into the economic and monetary systems of medieval Europe.

• europe
• no period