© Heritage Auctions
© Heritage Auctions
1 Penning ND
| Silver | - | - |
| Issuer | Norway |
|---|---|
| King | Olav Kyrre (1066-1093) |
| Type | Standard circulation coin |
| Years | 1065-1080 |
| Value | 1 Penning |
| Currency | Penning (995-1387) |
| Composition | Silver |
| Shape | Round (irregular) |
| Technique | Hammered |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#117379 |
|---|---|
| Rarity index | 97% |
Reverse
Two lined cross, surrounded by the inscription in runes.
Lettering: kunar a mot pisa
Translation: Gunnar owns this stamp
Comment
This penning was minted during Olav Kyrre´s reign, but the mint master (probably Gunnar) is unknown.Interesting fact
The 1 Penning coin was minted during the reign of King Olaf III, also known as Olaf the Peaceful, who ruled Norway from 1067 to 1093. During his reign, Olaf III implemented a number of reforms, including the introduction of a new coinage system that replaced the old Viking-era coins with new coins made of silver. The 1 Penning coin was one of the coins introduced during this time, and it was used as a standard circulation coin throughout Norway. It's interesting to note that the 1 Penning coin was made of silver, which was a valuable and sought-after metal at the time. The use of silver in coinage was a sign of the country's wealth and prosperity, and it helped to establish Norway as a major player in the global economy. Today, the 1 Penning coin is a rare and highly sought-after collector's item, and it serves as a reminder of Norway's rich history and cultural heritage.
