1/4 Penning

Norway's fractional silver coinage of the thirteenth century was produced under a monetary system where the penning itself was already a small denomination, making quarter-penning pieces among the most minor units in circulation. These were struck during a period of intense dynastic conflict — the civil war era known as the Bagler-Birkebeiner struggle and its aftermath — when multiple competing factions maintained their own minting operations, complicating attribution of individual pieces to specific reigns.

Skaare 194 places this type within the broader anonymous bracteate-influenced tradition of Norwegian minor coinage. Die-cutting standards varied considerably across Norwegian mints in this period, and the thin fabric characteristic of these fractions meant attrition rates in circulation were exceptionally high.