© 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#121724 |
|---|---|
| Rarity index | 97% |
Reverse
Two lined crossin a solid ring. Surrounded by the inscription. Solid ring on the rim.
Lettering: lofrikr a mot pita
Translation: Lofrik owns this stamp
Comment
Anonymous coin minted during the early 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 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 system based on bartering with silver and other precious metals. The 1 Penning coin was part of this new system and was used as a standard unit of currency throughout Norway. It's worth noting that the 1 Penning coin was made of silver, which was a valuable and widely used metal at the time. The use of silver in coinage was a sign of the country's wealth and economic development, and it helped to facilitate trade and commerce within Norway and with other countries. Overall, the 1 Penning ND (1065-1080) coin from Norway made of Silver is an interesting piece of history that provides insight into the country's economic and political development during the Middle Ages.
