1 Penning ND
| Silver | - | - |
| Issuer | Norway |
|---|---|
| King | Olav Håkonsson (1380-1387) |
| Type | Standard circulation coin |
| Years | 1350-1400 |
| Value | 1 Penning |
| Currency | Penning (995-1387) |
| Composition | Silver |
| Shape | Round (irregular) |
| Technique | Hammered (bracteate) |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#121238 |
|---|---|
| Rarity index | 97% |
Comment
Anonymus brakteat minted during the reign of Olav Håkonson.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 diameter of approximately 17-18 mm. Despite its small size, the coin was an important part of the Norwegian economy and was used for everyday transactions. It's interesting to note that the 1 Penning coin was issued during the reign of King Haakon VI Magnusson, who ruled Norway from 1355 to 1380. During his reign, Norway experienced a period of political and economic stability, which allowed for the production of coins like the 1 Penning to flourish. Today, the 1 Penning coin is a rare and valuable collector's item, and its historical significance makes it an interesting piece of Norwegian history.
