1 Penning ND (1320-1360) front 1 Penning ND (1320-1360) back
1 Penning ND (1320-1360) photo
© Museum of Cultural History, University of Oslo, Norway (CC BY 4.0)

1 Penning ND

 
Silver - -
Description
Issuer
Norway
King
Haakon VI Magnusson (1355-1380)
Type
Standard circulation coin
Years
1320-1360
Value
1 Penning
Currency
Penning (995-1387)
Composition
Silver
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#121236
Rarity index
97%

Reverse

Norwegian lion holding a halberd and facing left in a shield. Beaded ring on the rim.

Interesting fact

The 1 Penning coin was used in Norway during the Middle Ages and was equivalent to 1/24 of a Norwegian mark, which was the standard unit of account at the time. The coin was made of silver and had a distinctive design, featuring a crowned lion on one side and a cross on the other. The lion was a symbol of the Norwegian monarchy, while the cross represented the country's Christian heritage. The coin was used for everyday transactions and was also used as a means of payment for taxes and other debts. Despite its small denomination, the 1 Penning coin played an important role in the economy of Norway during this period.