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1 Penning - Olav Haraldsson

Issuer Norway
Year 1015-1030
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Currency Penning (995-1387)
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Obverse description Crude bust of the king facing left, rendered in the Anglo-Saxon hammered style typical of early medieval Scandinavian coinage. The effigy is surrounded by a legend, with a beaded border encircling the entire design along the rim. The portrait is schematic and linear, reflecting the die-cutting conventions of the period.
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Obverse lettering VNLAFI XEX A NOR
(Translation: Olav, King of Norway)
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Additional information

Olav Haraldsson's penning issues are among the earliest Norwegian royal coinages, struck at a time when Christianization was still being enforced by sword rather than persuasion. Olav modeled his coinage directly on contemporary Anglo-Saxon penny types — unsurprising given his years raiding and serving as a mercenary in England before seizing the Norwegian throne in 1015.

Skaare 2 is exceptionally rare in any condition. Most attributable survivors came from hoards rather than circulation finds.

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