Håkon Magnussons mynthistorie

Håkon V Magnusson's coinage

Mint site:
Bergen and Oslo
Mint-master:
Unknown
Monetary units:
Two-penny, penny, half-penny, quarter-penny
Edge inscription:

While Eirik Magnusson was issuing coins with the national coat of arms, he granted his brother, Håkon Magnusson, the right to issue coins in his own name. This coinage was minted in Oslo, as indicated by the inscriptions MONETA DE ASLOIA, or "coin from Oslo". Duke Håkon's coinage was an exact counterpart to that of the king's coinage with regard to weight, silver content and denominations.

As King Håkon V (1299-1319), he continued an extensive and varied minting of coins with minting sites given as Oslo and Bergen.

In the 20 years of Håkon V's reign, he issued an exceptionally large number of coin types and denominations. Typical of the early years were pennies of high-grade silver. However, this was soon to change. With regard to type, he followed his brother's assortment from twenty years earlier. After a series with the national coat of arms as the main motif, the king introduced a series with a crown. The silver content of these coins was much lower than before. Nevertheless, they were to be circulated at the previous value. This was dictated by a law imposing severe penalties on anyone not willing to accept the new, degraded coin.