© Museum of Cultural History, University of Oslo, Norway (CC BY 4.0)
© 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 | 1065-1080 |
| Value | 1 Penning |
| Currency | Penning (995-1387) |
| Composition | Silver |
| Shape | Round (irregular) |
| Technique | Hammered |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#121599 |
|---|---|
| Rarity index | 97% |
Reverse
Two lined crossin a solid ring. Surrounded by an unreadable inscription. Solid ring on the rim.
Comment
Anonymus coin minted during the early reign of Olav Kyrre (1067-1093AD).Interesting fact
The 1 Penning coin from Norway, made of silver, is interesting because it was issued during the reign of King Olaf III, also known as Olaf the Peaceful, who ruled Norway from 1065 to 1080. During his reign, Olaf III focused on strengthening the Norwegian economy and promoting trade, which led to the introduction of a new coinage system, including the 1 Penning coin. This coin was an important part of everyday transactions and was used by the common people for buying goods and services. Despite being made of silver, the coin was not very valuable, but it played a significant role in the economy of Norway during that time.
