Above: Gaute Ivarson's hohlpfennig 


Hohlpfennig are bracteates (coins struck on one side only) that were frequently minted in northern Germany in the late Middle Ages. They represent a further development of the bracteates, with a distinct, raised rim around a sunken centre area. 

In Norway, hohlpfennigs were minted by the archbishops Gaute Ivarsson (1474-1510) and Erik Valkendorf (1510-1522). German hohlpfennigs, bracteates of teh bull-head type circulated in Norway in the 1300s and 1400s. 

Nidaros, Trondheim
Issuing authorities: 
Archbishop Gaute Ivarsson, Archbishop Erik Valkendorf