Denier - Anund Jacob

Anund Jacob ruled Sweden during a period when Scandinavian coinage was still largely derivative of Anglo-Saxon penny types, a direct consequence of the enormous volume of English silver flowing into Sweden through Danegeld payments — estimates suggest England paid out over 150,000 pounds of silver to Scandinavian raiders between 991 and 1018. Swedish minting remained thin and inconsistent throughout his reign, with production concentrated at Sigtuna, and many transactions continued to rely on weighed hack-silver rather than counted coin.

The rarity of surviving examples in any grade reflects genuinely low original output, not selective survival.