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Pennies from
Olav Tryggvason to Erik Magnusson
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Pennies were minted in Norway from
the reign of Olav Tryggvason
(995-1000) to that of Olav
Håkonsson (1380-1387). This was the dominant coin unit
in Norway in the Middle Ages. The Old Norse system of weights included
the following units of weight: ertog,
øre
and mark.
There were ten pennies to an ertog, 30 pennies to an øre and 240
pennies to a mark.
The relative values of mark, øre, ertog and penny
1 mark |
= |
8 øre |
= |
24 ertog |
= |
240 pennies |
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1 øre |
= |
3 ertog |
= |
30 pennies |
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1 ertog |
= |
10 pennies |
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1 penny |
The standard for the penny changed several times through
the Middle Ages. The motif, inscriptions, size, weight and silver content
could vary significantly.
The penny was the principal coin in the Norwegian monetary
system in the period 995-1387.
Monetary units: Double-penny,
penny, half-penny, quarter-penny |
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Issuing authorities:
Olav Tryggvason, Olav
Haraldsson, Harald Hardråde,
Olav Kyrre, Magnus
Berrføtt, Sverre Sigurdsson,
Magnus Lagabøte, Eirik
Magnusson, Håkon V Magnusson,
Magnus Eriksson, Håkon
VI Magnusson, Olav IV Håkonsson |
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