1 Penning - Magnus VII Ericson

Magnus VII was elected King of Norway in 1319 at age three, simultaneously inheriting the Swedish crown through his maternal line — making him the only ruler ever to reign over both kingdoms simultaneously. The Norwegian and Swedish crowns were separated again in 1343 when Magnus ceded Norway to his son Haakon, which brackets the period of this issue precisely. Norwegian silver pennings of this reign are notably thin and fragile, a reflection of declining silver content and minting capacity in fourteenth-century Norway that worsened steadily across the reign.