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Denier Bracteate - Magnus IV Ericson

Issuer Sweden
Year 1354-1363
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Value 1 Denier (Penning)
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Reverse description Incuse and concave reverse, characteristic of the bracteate striking technique, showing the mirror image of the obverse design in intaglio. The field is deeply dished with the negative impression of the central S and surrounding ring visible as a raised, bowl-shaped depression. No independent design, legend, or ornament is present on the reverse, as is standard for single-sided bracteate coinage of this type.
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Mintage ND (1354-1363)
Additional information

Magnus IV — also Magnus VII of Norway — ruled a dual Scandinavian kingdom under constant pressure from the nobility, the church, and eventually his own sons. By the 1350s the Black Death had devastated Sweden's population and tax base, and Magnus had already been forced to sell the provinces of Scania, Blekinge, and Ronneby back to Denmark in 1360 to cover debts. These bracteates were struck during the years his Swedish magnates were actively conspiring against him, a process that culminated in his deposition by the Swedish nobility in 1363 in favor of his nephew Albert of Mecklenburg.

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