


© Museum of Cultural History, University of Oslo, Norway (CC BY 4.0)
1 Penning ND
Silver | - | - |
Issuer | Norway |
---|---|
King | Olav Kyrre (1066-1093) |
Type | Standard circulation coin |
Years | 1080-1095 |
Value | 1 Penning |
Currency | Penning (995-1387) |
Composition | Silver |
Shape | Round (irregular) |
Technique | Hammered |
Demonetized | Yes |
Updated | 2024-10-06 |
Numista | N#121532 |
---|---|
Rarity index | 97% |
Reverse
Double-lined cross in the centre in a solid ring. Inscription around it. Inscription is the name of the mint master.
Lettering: VLF CANPI
Translation: Ulv Canwi
Comment
Coin minted by anonymus ruler during the late period of the reign of Olav Kyrre (1067-1093AD).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 1080 to 1095. During his reign, Olaf III focused on strengthening the Norwegian economy and promoting trade, which led to the introduction of a new coinage system that included the 1 Penning coin. The coin was made of silver and was used widely in trade and commerce throughout Norway and other parts of Europe. Today, the 1 Penning ND (1080-1095) coin is considered a rare and valuable collector's item, with some mint-condition coins selling for thousands of dollars at auction.