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1 Penning- Knut I Ericson
| Issuer | Sweden |
|---|---|
| Year | 1167-1196 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Denier |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | Log in to see details |
| Edge | Plain |
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| Mintage | Log in to see details |
| Additional information |
Knut I's reign saw Sweden operating without a centralized mint in any modern sense — coins were struck by regional ecclesiastical and secular authorities under loose royal sanction, which accounts for the considerable die variation catalogued under this type. The Lagerqvist 1A:7c designation places this piece within a recognized sub-group distinguished by specific die characteristics, not simply a generic assignment.
Sweden's bracteate-influenced penning coinage of the twelfth century was tied directly to periodic recoinage demands, where old coins were called in and exchanged at a loss — a form of implicit taxation that funded royal and ecclesiastical projects alike.