1 Penning - Håkon V Magnusson

Håkon V moved the Norwegian capital from Bergen to Oslo in 1299, the same year his reign — and this coinage — began. His monetary policy marked a deliberate break from his predecessors: he suppressed the older brakteat tradition and pushed toward smaller, thicker, double-sided silver issues. The penning was the lowest denomination in that reformed system.

Skaare 259 is among the more elusive attributions in the series, with surviving examples frequently worn to near-illegibility from heavy circulation in a cash-scarce northern economy.