1 Penning- Knut I Ericson ND (1167-1196) front 1 Penning- Knut I Ericson ND (1167-1196) back
1 Penning- Knut I Ericson ND (1167-1196) photo
© Oslo Myntgalleri

1 Penning- Knut I Ericson ND

 
Silver 0.25 g 16 mm
Description
Issuer
Sweden
King
Canute I (Knut Eriksson) (1167-1196)
Type
Standard circulation coin
Years
1167-1196
Value
1 Denier (Penning)
Currency
Denier
Composition
Silver
Weight
0.25 g
Diameter
16 mm
Shape
Round (irregular)
Orientation
Medal alignment ↑↑
Updated
2024-10-07
References
Numista
N#430897
Rarity index
100%

Interesting fact

One interesting fact about the Standard circulation coin 1 Penning- Knut I Ericson ND (1167-1196) from Sweden made of Silver weighing 0.25 g is that it was used as a means of payment in Sweden during the 12th century. It was a small silver coin that was widely used for everyday transactions, and it remained in circulation for several centuries. Despite its small size, it was an important part of the Swedish economy at the time.