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1 Penning - Haakon VI Magnusson

Issuer Norway
Year 1355-1380
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Value 1 Penning
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Obverse description Within a plain inner circle, a boldly struck Gothic letter or monogram occupies the central field, rendered in high relief against a flat, unadorned background. The design is characteristic of medieval Norwegian bracteate pennings, with the device struck in a single-sided impression on a thin, irregularly shaped flan. The field surrounding the central device shows the typical uneven surface associated with hand-hammered coinage of the fourteenth century. No legible legend or inscription is present on this face.
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Edge Plain
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Haakon VI ruled Norway during a period of acute demographic collapse — the Black Death had killed roughly half the Norwegian population by the 1350s, devastating tax revenues and fragmenting the economy. Small silver pennings of this reign circulated in a kingdom still struggling to maintain basic fiscal infrastructure, which likely kept mintages low and survival rates lower still.

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