1 Penning

Struck under Olaf Kyrre, Norway's first truly "peaceful" king — a ruler who reigned for over two decades without fighting a single war, an extraordinary record for an 11th-century Norse monarch. His coinage reform broke significantly from the crude imitative Anglo-Saxon penny types his predecessors favored, though die-cutting quality remained inconsistent across the series. Skaare 40 is among the more systematically documented of Kyrre's issues, but surviving examples are rare by any measure; Norway's northern climate and limited urban coin use meant these circulated hard and buried poorly.