1 Penning

Struck under Harald Hardrada's successor Olaf Kyrre, this penny belongs to a period when Norwegian coinage was still heavily influenced by Anglo-Saxon models — a direct consequence of the extensive cross-North Sea contact maintained through Viking-age trade and tribute networks. Olaf's long, stable reign of nearly three decades provided an unusual continuity for coin production at a time when most Scandinavian minting was episodic at best.

Schive III:21 is among the thinner, lighter issues of the series, reflecting a gradual debasement in silver content that accelerated toward the end of the eleventh century.