1 Penning - Magnus VII Ericson

Magnus VII Eriksson inherited the Norwegian throne at age three in 1319, simultaneously elected King of Sweden — the only time a single monarch ruled both kingdoms. The regency government that managed Norway through his minority continued issuing penninger under his name, making attribution of specific dies to particular years within this long span essentially impossible. Brekke 45.1 is among the smaller denominations of a coinage already notable for its diminutive silver content, struck at a moment when Norwegian royal finances were increasingly strained by the consolidating demands of two crowns.