NORWAY. Olav III (Haraldsson) Kyrre (the Peaceful). 1067-1093. AR Penny (17mm, 0.93 g, 10h). Gunnar, moneyer. Struck circa 1070-1080.

CNG Feature Auction 118
Lot: 1298. Estimated: $ 1 000

World, Coin-in-Hand Video, Silver

Sold For $ 4 000. This amount does not include the buyer’s fee.

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NORWAY. Olav III (Haraldsson) Kyrre (the Peaceful). 1067-1093. AR Penny (17mm, 0.93 g, 10h). Gunnar, moneyer. Struck circa 1070-1080. : – |I + | – O |, armored bust left, in the form of a dragon-like creature / Kunar a mot Þisa (in Runic = “Gunnar owns this die”), voided long cross. Malmer, Contribution, Independent Class, 2; Stenersen Class S, 36 (types I /i), cf. pl. V, 143-6 (obv.) and pl. VI, 165 (rev.); ABH 12; Kleeburg 1. Minor metal flaws. Lightly toned. VF. Rare.

Olav came to the Norwegian throne at the age of sixteen after the death of his father, Harald Hardrada, at the Battle of Stamford Bridge. His skill in avoiding conflict both in his realm and with neighboring powers allowed him to increase the strength of the monarchy in Norway. He founded Bergen as his capital, encouraged trade through the establishment of a guild system and also undertook a program of church building. His achievements won him the epithet ‘the Peaceful.’ In 1957, a coin of Olav’s was discovered in a bone and shell midden in Brooklin, Maine, an important find representing the only numismatic evidence of contact between the Norse and the Native Americans.

The final winners of all CNG Feature Auction 118 lots will be determined at the live public sale that will be held on 13-14 September 2021. CNG Feature Auction 118 – Session Four – Roman Imperial Coinage Part 2 through Antiquities will be held Tuesday afternoon, 14 September 2021 beginning at 2:00 PM ET.

Winning bids are subject to a 20% buyer's fee for bids placed on this website and 22.50% for all others.

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