1 Penning - Olav Kyrre ND (1067-1093) front 1 Penning - Olav Kyrre ND (1067-1093) back
1 Penning - Olav Kyrre ND (1067-1093) photo
© Museum of Cultural History, University of Oslo, Norway (CC BY 4.0)

1 Penning - Olav Kyrre ND

 
Silver - -
Description
Issuer
Norway
King
Olav Kyrre (1066-1093)
Type
Standard circulation coin
Years
1067-1093
Value
1 Penning
Currency
Penning (995-1387)
Composition
Silver
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#121713
Rarity index
97%

Reverse

Two lined cross with cresents in th quarter parts of the cross. Surrounded by an entangled inscription.

Lettering: IxEOFRICR

Translation: Leofrikr

Interesting fact

The Olav Kyrre coin was minted during the reign of King Olav Kyrre, also known as Olaf III, who ruled Norway from 1067 to 1093. The coin features an image of the king on one side and a cross on the other, symbolizing the Christian faith that was prevalent during his reign. The use of silver in the coin's minting was a significant innovation at the time, as most coins were made of copper or other base metals. The introduction of silver coins helped to establish Norway as a major economic power in Europe and paved the way for the country's future prosperity.