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1 Øre - Olav V
| Issuer | Royal Norwegian Mint (Den Kongelige Mynt) |
|---|---|
| Year | 1958-1972 |
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| Composition | Log in to see details |
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| Engraver(s) | Per Palle Storm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse depicts a red squirrel (Sciurus vulgaris) seated in profile facing left, holding a pinecone or nut in its forepaws, with its characteristic bushy tail arching prominently behind and above its body. A stylised branch with leaves frames the right side of the design, lending a naturalistic quality to the composition. To the upper left of the squirrel, the mint mark star and the date are inscribed. Below the central device, the large numeral '1' appears to the left, with the denomination 'ØRE' to its right, and the country name 'NORGE' inscribed along the lower portion of the field. |
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| Additional information |
Norway's 1 øre survived into the postwar decades largely through bureaucratic inertia — the denomination had no meaningful purchasing power by the late 1950s and was functionally ignored in everyday transactions. Olav V had ascended following his father Haakon VII's death in 1957, and the new coinage types were introduced quickly, more as a matter of regal protocol than monetary necessity.
The series was finally discontinued after 1972, and the 1 øre was demonetized entirely in 1972 alongside the 2 øre.