1/4 Penning

Norwegian coinage in the first half of the thirteenth century was produced under a system where multiple mints operated with minimal central oversight, resulting in enormous variation within nominally identical types. Skaare 206 falls within the long reign of Haakon IV, who made deliberate efforts to regularize the currency as part of broader administrative reforms — though the fractional denominations resisted standardization longest.

The quarter penning was effectively the smallest practical unit of exchange in medieval Norway. Few survived normal use.