¼ Penning ND

The ¼ Penning coin was used during the reign of King Sverre Sigurdsson, who ruled Norway from 1184 to 1202. During his reign, he introduced a new coinage system that included the ¼ Penning coin, which was equivalent to one-fourth of a Penning, 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. Despite its small size, the ¼ Penning coin played an important role in the economy of medieval Norway, as it was widely used for everyday transactions and was also used as a means of payment for taxes and debts. Today, the ¼ Penning coin is a rare and highly sought-after collector's item, with some examples selling for thousands of dollars at auction.

• europe
• no period