Obverse
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In this context, the obverse refers to the front of the coin.
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Ort
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An "ort", a quarter, was equal to 24 skillings from the 1620s. These were
the primary small-denomination coins in Norway in the 1700s. In the Norwegian
monetary system of 1816, one species taler equalled 5 ort = 120 skillings.
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Overstrike
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Coins struck using other coins. It is often possible to see traces of the
old coin's design under the new pattern. The method was typically used
in times of crisis.
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Peter's pence
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A fee that was collected and paid to the Pope in Rome in the Middle Ages.
It was introduced in Norway in 1152. Originally, everyone who owned three
marks, a weapon and good clothing was to pay one penny per year. Not many
records have been found indicating when the fee was collected though it
survived until 1529.
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Pure silver
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It was generally not possible to produce pure (100%) silver in the Middle
Ages, but this was a technical accounting term used in mint ordinances
and when paying for deliveries of silver.
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"Quisling"
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The two-krone note issued by the occupation authorities during World War
II was popularly referred to as a "Quisling". The one-krone note was called
an "Usling", meaning a coward, wretch or scoundrel. So a "Quisling" was
worth two "Usling".
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Remedy
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The legally permissible deviation, upward and downward, from the specified
gross- and net weight.
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Retterbot
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In the old Norwegian legal system, this was a special law ordained by the
king. In particular, this would refer to amendments to the existing law
code.
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Reverse
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The reverse side of the coin, as opposed to the obverse.
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Riksdaler
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The
Norwegian term for taler, divided in 96 skillings. The riksdaler formed
the basis of the country's monetary system from the 1500s to 1813. Usually,
it was not issued as an individual coin.
For struck coins there were three systems operating in parallel: riksdaler
species, riksdaler kroner and riksdaler kurant.
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Whole talers were only issued in the first system, species taler.
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In the krone and the kurant system, normally only fractions of a taler
were minted.
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Mark pieces were linked to the krone coin and the smallest skilling pieces
to the kurant coin.
There were significant differences between the three systems. When comparing
a species taler, six marks and 96 skillings, for example, each group represented
the same number of skillings, but the difference in silver content was
nearly 10 grams.
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Seignorage
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The profit made from coining; i.e. the difference between the cost of production
and the nominal value of the coins.
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Standard
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The officially decreed content of precious metal in a coin. In former times
this was typically expressed by specifying how many or which value of the
main coin unit was to be coined from one unit of weight of the precious
metal.
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The Sigtuna coinage
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In Sigtuna by Uppsala in Sweden, pennies were being minted in the name
of Olof Skötkonung around the same time that Olav Tryggvason was issuing
pennies in Norway. The reverse inscription on Olof Skötkonung's and
Olav Tryggvason's pennies indicate that the English Mint-master Godwine
was involved in both coinings.
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Species taler
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In the Danish-Norwegian monetary system three different systems were used:
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The species taler was the main coin in the system.
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The krone coin was a medium sized silver coin worth 2/3 of a species taler
(4 mark).
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All small-denomination coins were referred to as kurant-coins.
The main unit in all three systems was called a riksdaler. There were 96
skillings to each riksdaler. The silver content of a riksdaler was different
in the three systems. While the species taler had a silver content of 25.28
grams, the riksdaler krone had a silver content of 22.48 grams and the
riksdaler kurant only 20.63 grams.
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Species
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The term for the Danish-Norwegian (and international) currency from the
end of the 1500s. This currency was gradually replaced by the krone-currency
and from about 1700, by the kurant-currency. Towards the end of the 1700s
there was a failed attempt to reintroduce the species currency.
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Sterling
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The name of the English penny. In the Middle Ages the sterling was minted
as a silver coin with 925/1000 fineness (giving rise to the term sterling
silver). The sterling coin types were widely used and copied on the continent
and to a certain degree also in Norway or Scandinavia.
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XXX (Stokkprøve)
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A production test sample of the finished, struck coins..
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Sættargjerden
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The treaty between Magnus Lagabøte (Lawmender) and Archbishop Jon
Raude in Tønsberg in 1277. This treaty secured the church the right
to mint coins, extensive tax exemptions and other privileges.
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XXX (Tein)
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A flat, cast bar of currency metal that was rolled or hammered into the
thickness the coin was to have.
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Travel dollar
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In the 1700s these coins were struck for official royal visits to Norway.
They were originally intended be used during the journey as rewards and
honours and typically bore a political inscription flattering the people
the king was visiting. One such coin from 1788, for example, bears the
inscription:
"STEADFAST AS THE MOUNTAINS OF DOVRE - SO TOO ARE THE LOYALTY,
VALOUR AND MIGHT OF THE SONS OF NORWAY".
UROKKELIG SOM DOVRES HØYE FJELDE STAAR NORGES SØNNERS
TROSKAB MOD OG VÆLDE
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Tithe
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Actually, a "tenth". A church tax that was introduced in Norway by Sigurd
Jorsalfare (the crusader) around 1120. A tenth of all income was to be
paid to the church in the form of coins, silver or produce.
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XXX (Tilsats)
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A metal that was alloyed with silver to achieve the correct fineness for
the currency metal. This metal could be either granaille-copper containing
small amounts of silver, or pure copper.
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Triquetra
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Numismatists and other experts have interpreted the triquetra-motif in
many different ways when appearing in a Nordic context.
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The Gordic knot.
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Hrungnir's heart. In Nordic mythology the giant Hrungnir, who is finally
killed by Tor, had a heart of stone with three points.
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A assemblage of three shields, which, on the earliest Danish triquetra
coins presented Knut (Canute) the Great as being member of the royal Skoldung
(shield) family.
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Symbol of the Trinity.
Today the triquetra symbol is generally considered a motif with a certain
magical-religious significance
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"Usling"
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A one-krone note issued by the occupying powers during WWII. It was popularly
referred to as an "usling", or a "wretch". The two-krone note was called
a "Quisling". So a "Quisling" was the equivalent of two "usling".
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Weight system
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Before the decimal system was introduced, silver and gold were weighed
according to the following system:
1 mark = 16 lodd
1 lodd = 4 kvintin
1 kvintin = 4 pennies
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Wig eight-skilling
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Eight-skilling pieces from Frederick IV. The obverse carries his picture,
a portrait very much dominated by his large wig. This coin was struck in
very large numbers from 1700 to1715, in the early part of Frederick's reign.
Later, they were often used by farmers as vest and jacket buttons.
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Witten
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A silver coin minted in the German city of Lübeck from 1365. Its value
was four pennies or 1/3 skilling. King Hans introduced the coin in Norway
where it was referred to as "hvid". The last "hvid" issued in Norway was
minted in Bergen in 1575-78.
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Øre
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A unit of weight used in the Middle ages (see mark). Also a monetary unit
in the Norwegian monetary system from 1875.