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1 Penning - Olav Haraldsson

Issuer Norway
Year 1016-1030
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Reference(s) AAJT#4
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Obverse script Latin (uncial)
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Reverse description A stylised lit bonfire or torch motif occupies the central field, rendered in a bold, schematic manner characteristic of early eleventh-century Norwegian hammered coinage. The central device is surrounded by a circular legend in uncial Latin characters. A beaded inner ring borders the design along the rim, consistent with the obverse treatment.
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Additional information

Olav Haraldsson — later canonized as St. Olav — introduced silver coinage to Norway largely by importing Anglo-Saxon moneyers, almost certainly from Æthelred II's England, following patterns he had observed during years of raiding and mercenary service along English and Norman coasts. The dependency on foreign craftsmen is evident in the die-cutting style, which closely mirrors contemporary English penny production.

AAJT#4 is among the rarest documented Norwegian medieval types. Surviving examples number in the low dozens at best.

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